By selling 55 meters of cloth a merchant gains the cost price of 11 meters Find his gain percent ........

Quant (SSC) Profit and loss

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By selling 55 meters of cloth a merchant gains the cost price of 11 meters. Find his gain percent?

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Explanation:

55sp – 55cp = 11cp, 55sp = 66cp
let cost price is one rupee,
then cp of 55 meter of cloth = 55 and sp of 55 meter of cloth = 66
so % profit = (11/55)*100 = 20%

By: Amit Kumar

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By selling 55 meters of cloth a merchant gains the cost price of 11 meters Find his gain percent ........

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