By selling 48m of cloth, one gains the selling price of 12m. Find the gain percent?

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29 Apr 2019 Profit & Loss

By selling 48m of cloth, one gains the selling price of 12m. Find the gain percent?

OPtion

1) 33.33%
2) 25%
3) 50%
4) 30%
5) 27.33%
6) 60%
7) 36.66%
8) 24%
9) 27%
10) None of these

Solution

S.P of 48 m=48
S.P of 12 m=12
profit=12
C.P of 48 m = 48 - 12 = 36
(12/36)*100 = 33.33 %

Correct Option: 1 Best Solution (0)