Question

If 24 meters of wire is bought at ₹14.50 per metre and sold at ₹15.75 per metre,how much is gained​

Answer 1

Answer:

30 /-

Step-by-step explanation:

Given,

24 m of wire,

CP = 14.50 × 24 = 348

SP = 15.75 × 24 = 378

Gain = SP - CP

= 378 - 348

= 30 /-

Answer 2

Answer:

₹30 is gained.

Explanation:

Given:

• 24 metres of wire is bought at ₹14.50 per metre

• And sold at ₹15.75 per metre

To find:

Gain

Solution:

Cost Price (C.P) of 1 metre cloth is ₹14.50

Selling Price (S.P) of 1 metre cloth is ₹15.75

So, C.P of 24 metre cloth = 24 × 14.50 = ₹348

S.P of 24 metre cloth = 15.75 × 24 = ₹378

We know that,

Gain = S.P – C.P

= ₹378 – ₹348

= ₹30

Thus, ₹30 is gained.