📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      If a shopkeeper earns a profit on selling 30 metres of

      fabric equal to the cost price of 6 metres of the fabric, determine the profit percentage.
      A 18% Correct Answer Incorrect Answer
      B 20% Correct Answer Incorrect Answer
      C 25% Correct Answer Incorrect Answer
      D 32% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the selling price of 1 metre cloth be Rs. ‘SP’ and the cost price of 1 metre cloth be Rs. ‘CP’.

      ATQ,

      30 × SP – 30 × CP = 6 × CP

      Or, 30 × SP = 36 × CP

      Or, SP/CP = 36/30 = 6/5

      Required profit percentage = {(6 – 5)/5} × 100 = 20%

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question