Abhishek purchased 140 shirts and 250 trousers @ Rs. 450 and @ Rs. 55…

Question

Abhishek purchased 140 shirts and 250 trousers @ Rs. 450 and @ Rs. 550 respectively. What should be the overall average selling price of shirts and trousers so that 40% profit is earned ? (rounded off to next integer)

Accepted Answer

Option C. Rs. 720. Answer & Solution Answer: Option C Solution: Total Cost Price = Rs. (140 × 450 + 250 × 550) & = Rs. ( 63000 + 137500 ) & = Rs . 200500. & Total Selling Price & = Rs. ( 140100 × 200500 ) & = Rs . 280700. & Average Selling Price & = Rs. ( 280700140 + 250 ) & = Rs. ( 280700390 ) &…