Question

A man bought 400 meters of cloth for 60000 thousand rupees and he sold it at the rate of 400 per metre find his profit or loss

Answer 1

Answer:

he person buys the cloth for rs 60000 but he sells the cloth for rupees 160000

the total profit or loss may be calculated by subtracting the amount of buying from the amount of selling

rs 100000 one lakh is the total profit

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