By selling 33 metres of cloth, one gains the selling price of 11 metres. Find the gain percent.
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Answer:
50% gain
Step-by-step explanation:
Let the selling price of 1 metre cloth be Rs.1
Total SP = Rs.33
Gain = Rs.11
Cost Price (CP) = SP - Gain = Rs.(33 - 11) = Rs.22
Gain percent = Gain/CP × 100 = 11/22 × 100 = 50%
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