by selling 33 meters of cloth, one gains the selling oh 11 meters . the gain percentage is   options[40%,50%, 60%, 65%, 55%]

Asked by Rony Joseph | 5th Apr, 2014, 10:02: PM

Expert Answer:

Assume that the selling price of 1 metre cloth = Re.1
 
Thus the selling price of 33 metres of cloth = Rs.33
 
In  this transaction, he has gained the money of selling 11 metres cloth = Rs.11
 
Thus, the CP is Rs.(33-11)=Rs.22
 
Now g a i n % equals fraction numerator g a i n over denominator C P end fraction cross times 100 %
Thus, substituting the values of gain and CP in the above formula, we have
 
g a i n % equals 11 over 22 cross times 100 % equals 50 %

Answered by  | 6th Apr, 2014, 05:21: PM

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