UPSC Exam  >  UPSC Questions  >  Prakash sells ready-made shirts. He purchased... Start Learning for Free
Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole?
Most Upvoted Answer
Prakash sells ready-made shirts. He purchased 160 shirts from a compan...
Prakash's Profit Calculation
Prakash purchased 160 shirts at x per shirt and aims to make a profit of 25% on the whole. Let's break down how he should sell the shirts to achieve this goal:

Selling Strategy:
- Prakash sells 20% of the shirts at a 15% profit.
- He sells 37.5% of the remaining shirts at a 40% profit.
- He needs to determine the profit percentage at which he should sell the remaining shirts to achieve a total profit of 25%.

Calculations:
1. Prakash sells 20% of 160 shirts, which is 32 shirts, at a 15% profit.
- Profit per shirt = 15% of x
- Total profit = 32 * (15% of x)
2. He then sells 37.5% of the remaining shirts, which is (100 - 20 - 37.5)% = 42.5% of 160 shirts, at a 40% profit.
- Profit per shirt = 40% of x
- Total profit = 68 * (40% of x)
3. To make a total profit of 25%, the sum of profits from the first two steps should be 25% of the total cost.
- Total cost = 160 * x
- Total profit = 160 * 25% of x

Profit Equation:
Total profit = Profit from first sale + Profit from second sale + Profit from remaining sales
160 * 25% of x = 32 * (15% of x) + 68 * (40% of x) + Remaining shirts profit
Solving this equation will give the profit percentage at which Prakash should sell the remaining shirts to achieve a total profit of 25%.
Explore Courses for UPSC exam

Top Courses for UPSC

Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole?
Question Description
Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole?.
Solutions for Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? defined & explained in the simplest way possible. Besides giving the explanation of Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole?, a detailed solution for Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? has been provided alongside types of Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? theory, EduRev gives you an ample number of questions to practice Prakash sells ready-made shirts. He purchased 160 shirts from a company outlet at x per shirt. If he sells 20% of the shirts at 15% profit and 37.5% of the remaining shirts at 40% profit, at what profit percentage should he sell the remaining to make a profit of 25% on the whole? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev