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Aptitude · Q271

Profit And Loss

Competitive Exams · Aptitude · question 271

Q271

By selling 33 meters of cloth a person gains the cost price of 11 meters. Find his gain % = ?

A.
Answer
B.
C.
D.

Answer: Option A

Solution

Answer: Option A
Solution:
Let Selling price of 1 meters cloth = Rs. 1
Selling price of 33 meters cloth = Rs. 33
Cost price of 1 meter cloth = Rs. x
Cost price of 33 meters cloth = Rs. 33x
According to the question,
Profit = Selling price - Cost price

Selling price of 33 meters = Rs. 33
Profit = Selling price = Cost price


Alternate :
Let Selling price of 1 meters cloth = Rs. 1
Selling price of 33 meters cloth = Rs. 33
33 Selling price - 33 Cost price = 11 Cost price
33 Selling price = 44 Cost price