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

A shopkeeper purchased 12 T-shirts for Rs. 3,000 and sold them at 3 for Rs. 750. Calculate his loss or gain percent
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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 StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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