Question

1. A man bought 400m of cloth at Rs.40,000 and sold it at the rate of Rs 200 per one and a half meter. What was his percentage profit or loss.
​

Answer 1

Answer:

As 1.5 m sold at =200 Rs

1 m sold at =200÷1.5

Hence therefore 400m sold at=(200÷1.5)×400 Rs

=80000/1.5

=53333.3 Rs

%profit=53333.3-40000/40000

=. 33×100

=33% ANS