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Asked: 2024-09-25T16:50:00+05:30 In:

If the cost price of 150 shirts is equal to the selling price of 120 shirts, find the profit in percentage. [Answer Limit: 50 words] [UKPSC 2012]

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Determine the percentage profit if the selling price of 120 shirts and the cost price of 150 shirts are identical. [Answer Limit: 50 words] [UKPSC 2012]

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1 Answer

  1. Soundarya Saikia
    Begginer

    Let the cost price of one shirt be CCC.

    Total cost price for 150 shirts = 150C150C150C.

    Selling price for 120 shirts = 150C150C150C.

    Selling price for one shirt = 150C120=1.25C\frac{150C}{120} = 1.25C120150C​=1.25C.

    Profit per shirt = 1.25C−C=0.25C1.25C – C = 0.25C1.25C−C=0.25C.

    Profit percentage = 0.25CC×100=25%\frac{0.25C}{C} \times 100 = 25\%C0.25C​×100=25%.

    Thus, the profit is 25%.

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