Question

Acloth merchant earns a profit of selling shawls of old stock. 12. 75 by selling one silk saree and incurs a loss of 40 per shawl, while () In a particular month the cloth-merchant incurred a loss of 1250. In this period he sold 10 silk sarees. How many shawls did he sell in this period? In the next month he earned neither profit nor loss. If he sold 24 silk sarees, how many shawls did () he sell?​

Answer 1

Answer:

Step-by-step explanation:

Given:

Let SP and CP be selling price and cost price of cloth (per meter) respectively.

If the profit made by a merchant on selling 45 m of cloth is equal to the selling price of 5m of cloth,

Calculation:

⇒ 45(SP − CP) = 5SP

⇒ 45SP − 45CP = 5SP

⇒ 40SP = 45CP

⇒ CP /SP = 40/ 45 = 8/9

Profit percentage = ( SP – CP )/Cp × 100 = ( 9 – 8 )/8 = 1/8 = 12.5%