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Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit?
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Readymade cloth merchant purchased 20 shirts for 275 rupees each he so...
Total Cost of Shirts
The merchant purchased 20 shirts at a cost of 275 rupees each.
- Total cost = 20 shirts * 275 rupees/shirt
- Total cost = 5500 rupees
Profit Calculation on First 12 Shirts
The merchant sold 12 shirts at a profit of 20%.
- Selling price per shirt = Cost price + Profit
- Profit per shirt = 20% of 275 rupees = 0.20 * 275 = 55 rupees
- Selling price per shirt = 275 + 55 = 330 rupees
- Total selling price for 12 shirts = 12 * 330 = 3960 rupees
Loss Calculation on Remaining 8 Shirts
The remaining 8 shirts were sold at a loss of 6%.
- Loss per shirt = 6% of 275 rupees = 0.06 * 275 = 16.5 rupees
- Selling price per shirt at loss = 275 - 16.5 = 258.5 rupees
- Total selling price for 8 shirts = 8 * 258.5 = 2068 rupees
Total Revenue from Sales
- Total revenue from selling all shirts = Revenue from first 12 shirts + Revenue from remaining 8 shirts
- Total revenue = 3960 + 2068 = 6028 rupees
Total Profit Calculation
- Total profit = Total revenue - Total cost
- Total profit = 6028 - 5500 = 528 rupees
Conclusion
The total profit made by the readymade cloth merchant after selling all shirts is 528 rupees.
The merchant purchased 20 shirts at a cost of 275 rupees each.
- Total cost = 20 shirts * 275 rupees/shirt
- Total cost = 5500 rupees
Profit Calculation on First 12 Shirts
The merchant sold 12 shirts at a profit of 20%.
- Selling price per shirt = Cost price + Profit
- Profit per shirt = 20% of 275 rupees = 0.20 * 275 = 55 rupees
- Selling price per shirt = 275 + 55 = 330 rupees
- Total selling price for 12 shirts = 12 * 330 = 3960 rupees
Loss Calculation on Remaining 8 Shirts
The remaining 8 shirts were sold at a loss of 6%.
- Loss per shirt = 6% of 275 rupees = 0.06 * 275 = 16.5 rupees
- Selling price per shirt at loss = 275 - 16.5 = 258.5 rupees
- Total selling price for 8 shirts = 8 * 258.5 = 2068 rupees
Total Revenue from Sales
- Total revenue from selling all shirts = Revenue from first 12 shirts + Revenue from remaining 8 shirts
- Total revenue = 3960 + 2068 = 6028 rupees
Total Profit Calculation
- Total profit = Total revenue - Total cost
- Total profit = 6028 - 5500 = 528 rupees
Conclusion
The total profit made by the readymade cloth merchant after selling all shirts is 528 rupees.
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Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit?
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Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit?.
Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Readymade cloth merchant purchased 20 shirts for 275 rupees each he sold 12 shirts at a profit of 20% the remaining short was sold at 6% of loss what is the total profit?.
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