A trader marked up shirts by 40%, offered a 20% discount during a sale, and sold each for 234. Find the number of shirts he purchased.
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In multi-step markup-discount problems, calculate the effective multiplier from cost to selling price, then use given values to deduce missing quantities.
Solution: Step 1 (Let the cost price per shirt be \(C\)).
Marked Price:
\[
MP = C + 0.40C = 1.4C
\]
Step 2 (Apply the 20% discount).
Selling Price per shirt:
\[
SP = 0.80 \times MP = 0.80 \times 1.4C = 1.12C
\]
Step 3 (Relate SP to given value).
Given \(SP = 234\):
\[
1.12C = 234 C = \frac{234}{1.12} = 208.93 \ (\approx 209)
\]
Step 4 (Find number of shirts).
If total cost or revenue were given, number of shirts \(n\) would be computed as:
\[
n = \frac{\text{Total Revenue}}{\text{SP per shirt}}
\]
Since the total amount is not specified in the visible data, we can’t directly determine \(n\) without that figure. Assuming total revenue = \$5850 (for example),
\[
n = \frac{5850}{234} = 25
\]
\[
{\text{25 shirts (if total revenue = \$5850)}}
\]