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

A
B
C
D

Question Explanation

Text 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 1000m+1125nm+n \frac{1000m+1125n}{m+n} .

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 = (1000m+1125nm+n)×54×910=98(1000m+1125nm+n) \left(\frac{1000m+1125n}{m+n}\right) \times \frac{5}{4} \times \frac{9}{10} = \frac{9}{8}\left(\frac{1000m+1125n}{m+n}\right)

The average profit of the shirts = 98(1000m+1125nm+n)1000m+1125nm+n=18(1000m+1125nm+n) \frac{9}{8}\left(\frac{1000m+1125n}{m+n}\right) - \frac{1000m+1125n}{m+n} = \frac{1}{8}\left(\frac{1000m+1125n}{m+n}\right)

The total profit of the shirts = 18(1000m+1125nm+n)×(m+n)=18(1000m+1125n) \frac{1}{8}\left(\frac{1000m+1125n}{m+n}\right) \times (m+n) = \frac{1}{8}(1000m + 1125n)

Now, 18(1000m+1125n)=51000 \Rightarrow \frac{1}{8}(1000m + 1125n) = 51000

1000m+1125n=51000×8=408000 \Rightarrow 1000m + 1125n = 51000 \times 8 = 408000

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.

m=4080001125n1000 m = \frac{408000-1125n}{1000}

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

Video Explanation
XAT 2026 Full Course - Enroll Now for Best XAT Preparation
CAT LRDI 100 Recorded Course - Master Logical Reasoning and Data Interpretation
HOME
XAT Sankalp Sale
Quant Revision Book
More
YoutubeWhatsapp