By selling 33 meters of a cloth, a merchant gains the selling price of 11 meters. Find his real profit or loss%
Explanation:
Selling Price = Cost Price + Profit
SP of 33 = CP of 33 + SP of 11
SP of 22 = CP of 33
∴ Profit% = 11/22 × 100 = 50%
Hence, option B is the correct answer.
Hence, option (b).
» Your doubt will be displayed only after approval.
Help us build a Free and Comprehensive Preparation portal for various competitive exams by providing us your valuable feedback about Apti4All and how it can be improved.