Question

15 shirts were bought at a price of ₹800 per shirt. If the profit after selling all the shirts is ₹3000 and if each shirt was sold at the same price, what was the selling price of each shirt?

• A. Rs. 1000
• B. Rs. 1125
• C. Rs. 1200
• D. Rs. 1250

Answer 1

The correct option is A Rs. 1000

Given:
Cost price of one shirt = Rs. 800
Total number of shirts = 15
Profit on selling 15 shirts = Rs. 3000

Total cost price of 15 shirts at Rs. 800 per shirt = 15$\times$800
= Rs. 12000

Total selling price of 15 shirts = Profit + Total CP = Rs. 3000 + Rs. 12000 = Rs. 15000

Selling price of one shirt $=\frac{Rs.15000}{15}=Rs.1000$