A shopkeeper purchased 12 T-shirts for Rs. 3,000 and sold them at 3 for Rs. 750. Calculate his loss or gain percent
Question
Solution 1
Step 1: Calculate the cost price of each T-shirt
The shopkeeper purchased 12 T-shirts for Rs. 3,000. So, the cost price of each T-shirt is Rs. 3,000 / 12 = Rs. 250.
Step 2: Calculate the selling price of each T-shirt
The shopkeeper sold the T-shirts at 3 for Rs. 750. So, the selling price of each Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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