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Answer: Rs. 900
The shopkeeper makes a profit. On t-shirts priced at Rs. 2,400, there is a Buy One, Get One Free deal.
The cost of two t-shirts is Rs 2,400.
That is, the selling price of one t-shirt may be estimated as 2400/2= Rs 1,200.
Profit is 33.33 percent.
Let’s figure out how much a t-shirt costs.
Cost price = SP (Selling Price) × 100 / (100 + Profit)
CP = 1200 × 100 / (100 + 33.33)
CP = 120000 / 133.33
CP = 900
CP = Rs 900
As a result, the t-true shirt’s cost is Rs 900.
