a cloth merchant on selling 33 metre of cloth obtains a profile equal to the selling price of 11m of the same cloth. find his profit percentage.
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Answer:
Let the SP of 1 metre cloth = Rs. 1
The SP of 33 metres cloth = 1×33
= Rs. 33
CP of 1 metre cloth = Rs. x
CP of 33 metres cloth = x×33
= Rs. 33x
According to question,
Profit = SP - CP
11 = 33 - 33x
33x = 22
x=2233=23
CP of 1 metre cloth = Rs.23
CP of 33 metre cloth = 23×33
= Rs. 22
SP of 33 metres cloth = Rs. 33
Profit = SP - CP
= 33 - 22 = 11
Profit% =1122×100=50%
Step-by-step explanation:
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