math

t shirt company makes polo shirts with expectation that it will earn a profit of 50% by selling each shirt at its marked price.but during delivery to show rooms,17% of shirts were completely solied and hence could not be sold, 18% of shirts were slightly soiled and hence could be sold at 70% of cost price and remaining was sold at marked price.what is % profit in whoile consignment ?

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  1. let's assume there are 100 shirts, with a cost of $100 each.

    17 are not sold: $0
    18 are sold for $70 each: $1260
    65 are sold for $150 each: $9750

    total income: 11010

    profit is thus 1010/10000 = 10.1%

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