The sp of 33 meter cloth is equal to the cp of 11 meters find the profit percenta
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Answer:
66.67 % Loss
Step-by-step explanation:
Let say cost price of 1 meter clothh - C Rs
Cost Price of 11 meter cloth = 11 × C = 11C Rs
Sell price of 33 meter cloth = Cost price of 11 meter cloth
Sell Price of 33 meter cloth = 11C
Sell Price of 1 meter cloth = 11C/33 = C/3 Rs
Sell price of 1 meter = C/3 Rs against Cost Price of C Rs
So there would not be profit but Loss
Loss = C - C/3
Loss = 2C/3
Loss % = {(2C/3)/C} × 100
Loss % = 200/3
= 66.67 % Loss
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