Question

$10\%$ rebate is given in a T-shirt shop. Sohan buys $5$ T-shirts with $Rs300$ printed price on each. He sells all the T-shirts for $Rs1485$. Does he earn profit or suffer loss? How much amount?

• A. $Rs105$ Profit
• B. $Rs135$ Profit
• C. $Rs145$ Profit
• D. None of these

Answer 1

Answer: (B)

$Rs135$ Profit

$\text{Cost price of 1 T-shirt before discount = Rs 300}$
$\text{Cost price of 1 T-shirt after discount = Rs 300 - 300 x 10/100 = Rs 300 - 30 = Rs 270}$
$\text{Therefore cost price of 5 T-shirts = Rs 270 x 5 = Rs 1350.}$
$\text{According to question total selling price of 5 T-shirts = Rs 1485}$
$\text{Since Selling Price > Cost price so Sohan earns a profit.}$
$\text{Now Profit = Selling Price - Cost Price = Rs (1485 - 1350) = Rs 135}$