Alex bought 160 shirts at the rate of $225 per shirt. The transport expenditure was $1400. He paid an octroi at the rate of $1.75 per shirt and labour charges were $320. What should be the selling price of one shirt, if he wants a profit of 20%?
Choices.
A) $244	B) $255	C) $285	D) $277	E) $238
$285   $285   Total $285P per shirt = 225 + 1400/160 + 1.75 + 320/160= 
<gadget id="calculator">225 + 1400/160 + 1.75 + 320/160</gadget>
<output>237.5</output>
$237.5   SP= $285P[(100 + profit%)/100]   = 237.5 * [(100 + 20)/100] = $285.237.5 *  (100 + 20)/100= 
<gadget id="calculator">237.5 *  (100 + 20)/100</gadget>
<output>285</output>
$285.
<result>C</result>
Alex bought 160 shirts at the rate of $225 per shirt. The transport expenditure was $1400. He paid an octroi at the rate of $1.75 per shirt and labour charges were $320. What should be the selling price of one shirt, if he wants a profit of 20%?