Mathematics · Profit and Loss
A man purchased 150 t-shirts, each costing the same amount. However, 40% of them were lost in transit and could not be recovered. He sold 50% of the remaining t-shirts at a 20% profit each, and the rest at a 5% loss each. If the total selling price of the remaining t-shirts was Rs. 7740, what was the cost price of each t-shirt?
- 1Rs. 100
- 2Rs. 60
- 3Rs. 90
- 4Rs. 80✓
Correct answer
Rs. 80
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