ankit on selling 33 meters on cloth obtains a profit equal of the selling price of 11 meters of the same cloth . find his profit percentage
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Answer:
Step-by-step explanation:
Let the SP of 1 metre cloth = Rs. 1
The SP of 33 metres cloth = 1××33
= Rs. 33
CP of 1 metre cloth = Rs. x
CP of 33 metres cloth = x××33
= Rs. 33x
According to question,
Profit = SP - CP
11 = 33 - 33x
33x = 22
x=2233=23x=2233=23
CP of 1 metre cloth = Rs.2323
CP of 33 metre cloth = 23×3323×33
= Rs. 22
SP of 33 metres cloth = Rs. 33
Profit = SP - CP
= 33 - 22 = 11
Profit% =1122×100=50%=1122×100=50%
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