Question 15.
Jayant bought a certain number of white shirts at the rate of Rs 1000 per piece and a certain number of blue shirts at the rate of Rs 1125 per piece. For each shirt, he then set a fixed market price which was 25% higher than the average cost of all the shirts. He sold all the shirts at a discount of 10% and made a total profit of Rs 51000. If he bought both colors of shirts, then the maximum possible total number of shirts that he could have bought is
Question Explanation
Let the number of white shirts be m, and the number of blue shirts be n. Hence, the total cost of the shirts = (1000m+1125n), and the number of shirts is (m+n)
The average price of the shirts is .
It is given that he set a fixed market price which was 25% higher than the average cost of all the shirts. He sold all the shirts at a discount of 10%.
Hence, the average selling price of the shirts =
The average profit of the shirts =
The total profit of the shirts =
Now,
Now to get the maximum number of shirts, we need to minimize n (since the coefficient of n is greater than the coefficient of m), but it can't be zero. Therefore, m has to be maximum.
The maximum value of m such that m, and both are integers is m = 399, and n = 8 (by inspection)
Hence, the maximum number of shirts = m+n = 399+8 = 407



