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1. At a fashion house, shirts are sold for 25% less than the tag price. If a shirt costs Tk. 144, what will be the tag price to make a 25% profit on its cost?
- A. Tk. 240
- B. Tk. 240
- C. Tk. 240
- D. Tk. 240
Answer: Option A
Explanation:
For 25% profit,
If cost price is 100 TK, selling price price should be 125 TK.
If cost price is 144 TK, selling price should be 125 x 144 / 100 = 180 TK.
Let the tag price be T. If 25% discount is given on the tag price then,
75% of T = 180 TK.
or, T = 180 / (75/100) = 240 TK.
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