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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
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B
Rs. 1125
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C
Rs. 1200
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D
Rs. 1250
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Solution

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 = 15×800
               = Rs. 12000

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

Selling price of one shirt =Rs.1500015=Rs.1000

Mathematics

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