by selling 33m.cloth a shopkeeper loses money equivalent to sp of 11m. find the loss%
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Answer:
SP of 33m)-(CP of 33m)=Gain=SP of 11m
SP of 22m = CP of 33m
Let CP of each metre be Re.1
Then, CP of 22m= Rs.22
SP of 22m=Rs.33.
Profit=33−22=11Rs.
Profit %=
22
11
×100=50%
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