a dealer gives a discount of 20% on every shirt he sells and gives on shirt for free on purchase of five shirts . if the dealers still makes a profit of 10% on selling six shirts , then find the percentage by which the shokeeper had marked each shirt above its cost price

Answer :

Step-by-step explanation:

Let the cost price of one shirt be \( C \).

**Step 1: Selling Price Calculation**

The dealer gives a 20% discount on each shirt sold. Therefore, the selling price of one shirt after discount is:

\[ \text{Selling Price of one shirt} = 0.8 \times C \]

When a customer buys 5 shirts, the dealer gives 1 shirt for free. So, the selling price for 6 shirts is:

\[ \text{Total Selling Price for 6 shirts} = 6 \times 0.8 \times C = 4.8C \]

**Step 2: Profit Calculation**

It is given that the dealer makes a profit of 10% on selling 6 shirts. Let \( P \) denote the profit made. The profit is calculated as:

\[ P = \text{Selling Price} - \text{Cost Price} \]

\[ P = 4.8C - 6C = -1.2C \]

Since the dealer makes a profit of 10%, we have:

\[ -1.2C = 0.1 \times 6C \]

\[ -1.2C = 0.6C \]

This is incorrect. Let me calculate

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