Latest TCS Aptitude Question SOLUTION: A department store receives a shipment of 1,000 shirts, for which it pays Rs. 9,000. The store sells the shirts at a price 80 percent above cost for one month, after which it reduc

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A department store receives a shipment of 1,000 shirts, for which it pays Rs. 9,000. The store sells the shirts at a price 80 percent above cost for one month, after which it reduces the price of the shirts to 20 percent above cost. The store sells 75 percent of the shirts during the first month and 50 percent of the remaining shirts afterwards. How much gross income did sales of the shirts generate?

Asked In TCS chaitanya (11 years ago)

Solved jyotish r Read Solution (5)

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Read Solution (5) :

jyotish r  (11 years ago)

actual price of one shirt=9 rupees
price of one shirt for first month=16.2 rupees
total number of shirts sold that month=750
total income from 1st month=Rs.12150
price of one shirt after 1st month=10.8rupees
total number of shirts sold this time=125
total income after 1st month=1350 rupees
so GROSS INCOME=12150+1350=Rs.13500

Is this solution Helpfull? Yes (9) | No (6)  

Pooja.m.m  (11 years ago)

cost of each shirt is 9rs.
1st he sold 75% i,e 750 shirts in 1st month.
he sold it 80% above the cost so 9*80/100=7.2.
so s.p of a single shirt is 9+7.2=16.2 .
total he earned 16.2*750=12150rs in 1st month.
2nd month he 50% of remaining shirts i,e 125 shirts.
since he reduced the s.p tp 20% above the cost the cost of each shirt ll be 10.8rs.
he earned 10.8*125=1350 in 2nd month
total he earned 13500rs.

Is this solution Helpfull? Yes (5) | No   

RAVI KIRAN  (11 years ago)

how 10.8 will come, i did'nt understood. Explain clearly

Is this solution Helpfull? Yes (5) | No (2)  

mahesh  (11 years ago)

actual price of one shirt=9 rupees
price of one shirt for first month=16.2 rupees
total number of shirts sold that month=750
total amount from 1st month=Rs.12150
price of one shirt after 1st month=10.8rupees
total number of shirts sold this time=125
total amont after 1st month=1350 rupees
tomal amount earned by store=12150+1350=Rs.13500
gross income=13500-9000=4500

Is this solution Helpfull? Yes (3) | No (1)  

Krishna Reddy Bireddy  (11 years ago)

As the data given
cp of a shirt=9000/1000=9
for 1 month it is sold at 9+80%of9=9+36/5=81/5 rs
because 75% of 1000=750 sold in first month,
income in 1 month=(81/5)*750=12150 rs
after 1 month it is decreased to 9+20%9=9+9/5=54/5rs
because 50% of remaining(25% of 1000)=50%of250=125 sold for remainind days,
income for remaining days=(54/5)*125=1350
gross income=income in 1st month+income in remaining days
=12150+1350 =13500 rs......
and also shirts left=125

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