Arun bought 4 shirts. Out of these, he sold two shirts at a profit of 10% and one shirt at a loss of 7.5%. If all the shirts have been sold and he earned a profit of 6% in this business, then Arun sold the fourth shirt at ________.

Question

Accepted Answer

Correct Answer: (C) 11.5% profit Let each shirt cost 100; total cost for 4 shirts is 400. Overall profit of 6% means total selling price is 424. Selling price for two shirts at 10% profit is 220, and one shirt at 7.5% loss is 92.5. The fourth shirt's selling price must be 424 - (220 + 92.5) = 111.5, representing an 11.5% profit.

Arun bought 4 shirts. Out of these, he sold two shirts at a profit of 10% and one shirt at a loss of 7.5%. If all the shirts have been sold and he earned a profit of 6% in this business, then Arun sold the fourth shirt at ________.

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