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- Standard 13
- Quantitative Aptitude
7.Profit and Loss
medium
Aditya purchased $14$ shirt $\&\, 25$ pants at $Rs.\,45$ and $Rs.\,55$ respectively what should be the approximate overall average selling price of shirt and pant so that $40 \%$ profit is earned in $Rs.$?
A
$72.5$
B
$71$
C
$72$
D
$70$
Solution
Price of $14$ shirt $=14 \times 45=$ $Rs. 630$
$25$ pant $=25 \times 55=$ $Rs. 1375$
Total price of $39$ items $=$ $Rs. 2005$
Price $=\frac{2005}{39} \times 1.40 \quad[$ Overall profit $=40 \%]$
$=71.97=$ $Rs. 72$ (Approx)
Standard 13
Quantitative Aptitude