Abhishek purchased 140 shirts and 250 trouser | vedclass

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Question

(C) Total Cost Price $(CP)$ of $140$ shirts and $250$ trousers is calculated as:$Total CP = (140 	imes 450) + (250 	imes 550) = 63000 + 137500 = Rs.

Vedclass · Accepted Answer

$720$

Vedclass · Answer

(C) Total Cost Price $(CP)$ of $140$ shirts and $250$ trousers is calculated as:$Total CP = (140 	imes 450) + (250 	imes 550) = 63000 + 137500 = Rs. 200500$To earn a $40 \%$ profit,the total Selling Price $(SP)$ must be:$Total SP = CP 	imes (1 + \frac{40}{100}) = 200500 	imes 1.4 = Rs. 280700$The total number of items is $140 + 250 = 390$.The average selling price per item is:$Average SP = \frac{Total SP}{Total Items} = \frac{280700}{390} \approx 719.74$Rounding off to the next integer,we get $Rs. 720$.

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

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