Question

A dealer in textile items purchases 40m of a variety of cloth and sells it so as to make a profit equivalent the selling price of 4m of the cloth. What is the profit percentage?
Options:- 1) 10 .2)100/9 .3)83/9 .4)11

Answer 1

Given info : A dealer in textile items purchases 40m of a variety of cloth and sells it so as to make a profit equivalent the selling price of 4m of the cloth.

To find : the percentage profit is..

solution : here,

40 S.P - 40 C.P = 4 S.P

⇒36 S.P = 40 C.P

⇒S.P/C.P = 40/36 = 10/9

here S.P = 10 units, C.P = 9 units

so, profit = 10 - 9 = 1 unit

now percentage profit = profit/cost price × 100

= 1 unit/9 unit × 100

= 100/9

Therefore the percentage profit is 100/9 %

Answer 2

Answer:

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