Question

A man bought 400 meters of cloth for rs. 40,000 and sold it at a 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

Explanation:

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