By selling 33m of a merchant gains the selling price of 11m. 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).
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