XAT 2017 Profit & Loss Question (Easy)

Question

A shop, which sold same marked price shirts, announced an offer if one buys three shirts then the fourth shirt is sold at a discounted price of 100 only. Patel took the offer. He left the shop with 20 shirts after paying 20,000. What is the marked price of a shirt?

Optima Learn · Accepted Answer

Step 1 Understand the offer and calculate total sets purchased Patel took advantage of the shop s offer, which states that for every three shirts purchased, the fourth shirt is sold at a discounted price of 100. This means that every set of four shirts costs the buyer the price of three shirts plus

XAT 2017 Profit & Loss — Previous Year Question

XAT 2017

Quantitative

Profit & Loss

Easy

Ready for IIM Interview Questions?

FEATURES

PRACTICE

FREE RESOURCES

MENTORSHIP