a shopkeeper bought 16 shirts, the cost of each being rs 175 .he sold 5 of them at the rate of rs 160 per shirt. at what price per shirt should he sell the remaining shirts to make profit of rs 90????
cost of 16 shirts = 175x16 = 2800
cost of the 5 shirts he sold = 160x5 = 800
total amount of profit he need to earn = rs90
so,profit he needs to earn is rs2890. after selling 5 shirts he needs more 2090rs to reach his goal
remaining number of shirts = 16-5=11
so,2090 divided by 11=190
so,he need to sell shirt for rs 190.
cost of the 5 shirts he sold = 160x5 = 800
total amount of profit he need to earn = rs90
so,profit he needs to earn is rs2890. after selling 5 shirts he needs more 2090rs to reach his goal
remaining number of shirts = 16-5=11
so,2090 divided by 11=190
so,he need to sell shirt for rs 190.