Question

When a shirt is sold at Rs. 400 , the profit earned is 3/8 times the selling price. What is the cost price of the shirt?
Option Rs.150 Rs.550 Rs.250 Rs.350​

Answer 1

Answer:250Rs

Step-by-step explanation:3/8of400=150

400-150=250

Answer 2

Option 3 - The cost price of the shirt is Rs.250.

Step-by-step explanation:

Given : When a shirt is sold at Rs. 400, the profit earned is $\frac{3}{8}$ times the selling price.

To find : What is the cost price of the shirt?

Solution :

The selling price is Rs.400.

The profit earned is $\frac{3}{8}$ times the selling price.

i.e. $\text{Profit} = \frac{3}{8}\times 400$

$\text{Profit} = 150$

The cost price is given by,

Cost price = Selling price - Profit

Cost price =400 - 150

Cost price =250

Therefore, the cost price of the shirt is Rs.250.

So, Option 3 is correct.

#Learn more

A shirt price is marked at Rs 850 and is sold for RS 765. what is the discount and discount percent ?

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