Elitmus
Exam
Numerical Ability
Profit and Loss
a cloth merchant on selling 33 meters of cloth obtains a profit equal to selling price of 11 meters of cloth.the profit percent is how much?
Read Solution (Total 2)
-
- Profit of 33 meters cloth :33(sp-cp)=11(sp):selling price of 11 meters cloth
=>3(sp-cp)=sp
=>sp=1.5*cp
profit %=((sp-cp)/cp)*100
profit =.5*100=50% - 7 years agoHelpfull: Yes(12) No(0)
- Let cost Price be x per meter.
Profit= 11x
S.p=C.p+profit
33x=c.p+11x
cp=22x;
Profit=11x/22x*100=50 - 7 years agoHelpfull: Yes(1) No(0)
Elitmus Other Question