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A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.
- a)13.35%
- b)12.50%
- c)14.28%
- d)15.08%
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A shopkeeper sells 200 shirts and makes a profit equal to the selling...
Given:
- The shopkeeper sells 200 shirts.
- The profit made by the shopkeeper is equal to the selling price of 25 shirts.
To find:
The profit percentage made by the shopkeeper.
Solution:
Step 1: Calculate the cost price (CP) of 200 shirts.
Let's assume the selling price (SP) of each shirt is S. Therefore, the selling price of 200 shirts would be 200S.
We are given that the profit made by the shopkeeper is equal to the selling price of 25 shirts. So, the profit made by the shopkeeper is 25S.
The cost price (CP) can be calculated using the formula:
CP = SP - Profit
CP = 200S - 25S
CP = 175S
Step 2: Calculate the profit percentage.
Profit percentage can be calculated using the formula:
Profit Percentage = (Profit / CP) * 100
In this case, Profit = Selling price of 25 shirts = 25S
CP = 175S
Profit Percentage = (25S / 175S) * 100
Profit Percentage = (25/175) * 100
Profit Percentage = 14.28%
Answer:
The profit percentage made by the shopkeeper is 14.28%. Therefore, the correct option is (c) 14.28%.
- The shopkeeper sells 200 shirts.
- The profit made by the shopkeeper is equal to the selling price of 25 shirts.
To find:
The profit percentage made by the shopkeeper.
Solution:
Step 1: Calculate the cost price (CP) of 200 shirts.
Let's assume the selling price (SP) of each shirt is S. Therefore, the selling price of 200 shirts would be 200S.
We are given that the profit made by the shopkeeper is equal to the selling price of 25 shirts. So, the profit made by the shopkeeper is 25S.
The cost price (CP) can be calculated using the formula:
CP = SP - Profit
CP = 200S - 25S
CP = 175S
Step 2: Calculate the profit percentage.
Profit percentage can be calculated using the formula:
Profit Percentage = (Profit / CP) * 100
In this case, Profit = Selling price of 25 shirts = 25S
CP = 175S
Profit Percentage = (25S / 175S) * 100
Profit Percentage = (25/175) * 100
Profit Percentage = 14.28%
Answer:
The profit percentage made by the shopkeeper is 14.28%. Therefore, the correct option is (c) 14.28%.
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Community Answer
A shopkeeper sells 200 shirts and makes a profit equal to the selling...
Given
A shopkeeper sells 200 shirts
Profit = S.P of 25 shirts
Formula:
C.P = S.P – Profit
Profit % = Profit / C.P × 100
Calculation:
Let S.P of 200 shirts be Rs. 200
S.P of 25 shirts = Rs. 25
Profit = S.P of 25 shirts = Rs. 25
C.P = Rs. 200 – Rs. 25 = Rs. 175
Profit % = 25 / 175 × 100
= 100 / 7%
= 14.28%
∴ The profit percentage is 14.28%
Hence, the correct option is (C).
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A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer?
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A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer?.
A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.a)13.35%b)12.50%c)14.28%d)15.08%Correct answer is option 'C'. Can you explain this answer?.
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