Question

Ankit bought 15 m of cloth for Rs 115.80 per meter and sold it at a profit of Rs 263. Find
the selling price of the cloth.​

Answer 1

Answer:

CP of the cloth = (15 × 115.80)₹

= 1737₹

Gain = ₹263

Gain % = (Gain/ CP × 100)

= 263/1737 ×100

= 15.141%

So, SP of the cloth = {(100+gain%)/100}×CP

= 151.141/100×1737

= 2616.25₹ Ans