Multiple Choice Questions on By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth Find the percent profit........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth Find the percent profit...........

Quant (SSC) Profit and loss
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    By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.

    profit 200/9 %

    Incorrect Answer

    loss 200/11 %

    Incorrect Answer

    profit 200/11 %

    Correct Answer

    loss 200/11 %

    Incorrect Answer
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    Explanation:

    SP (22) – CP (22) = CP (4)
    so, SP of 22 meter cloth = CP of 26 meter cloth
    Let cost price of 1 meter cloth is re 1
    Then CP = 22 and selling price = 26,
    then % profit = (4/22)*100 = 200/11 %

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