If 16 shirts were sold for 20 notes of Rs 100, double its notes of Rs 50 and 200 notes of Rs 20, then what is the selling price of a shirt ?
Correct option is D. Rs 500
Total amount obtained for 16 shirts
$$= 20 \times 100 + 40 \times 50 + 200 \times 20$$
$$= 8000 \ Rs$$
So, Selling Price of a shirt $$ = \dfrac{8000}{16} = 500 \ Rs$$
Thus, D is the correct answer.