A merchant sells 30 meters of cloth and gains selling price of 10 meters find the profit or loss percent
Answers
Answered by
0
Answer:
nothing
Step-by-step explanation:
because prise is not in meters
Answered by
0
Answer:
50%
Step-by-step explanation:
Here, selling price of 10 m cloth is obtained as profit.
Profit of 10 m cloth = (S.P. of 30 m cloth) – (C.P. of 30 m cloth)
Selling price of 20 m cloth = Selling Price of 30 m of cloth
Let cost of each metre be Rs. 100.
Therefore, cost price of 20 m cloth = Rs. 2000 and S.P. of 20 m cloth = Rs. Rs. 3000
Profit% = (10 × 100)/20 = 50%
Profit of 50 % was made by the merchant.
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