Abhishek purchased 140 shirts and 250 trousers at Rs., 450 and at Rs., 550 respectively. What should

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7.Profit and Loss

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Abhishek purchased $140$ shirts and $250$ trousers at $Rs.\, 450$ and at $Rs.\, 550$ respectively. What should be the overall average selling price of shirts and trousers so that $40 \%$ profit is earned? (in $Rs.$)

(rounded off to next integer)

A

$725$

B

$710$

C

$720$

D

$700$

Solution

Total $CP$ of $140$ shirts and $250$ trousers

$Rs.$ $(140 \times 450+250 \times 550)$

$Rs.$ $200500$

Total $SP =\frac{200500 \times 140}{100}= Rs .280700$

Avg. $SP =\frac{280700}{390}= Rs .720$( appx .)

Standard 13

Quantitative Aptitude

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