By selling 45m of cloth a merchant gains the cost price of 15m. Find his real profit or loss%
Explanation:
SP of 45m - CP of 45m = CP of 15m
⇒ SP of 45m = CP of 45m + CP of 15m
⇒ Gain % = 15 × 100/45
Therefore, profit % = 33.33%
Hence, option C is the correct answer.
Hence, option (c).
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