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      Question

      A seller makes a profit equivalent to the cost price of 4

      metres of fabric by selling 16 metres of the fabric. Find the percentage profit.
      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. β€˜SP’ and the cost price of 1 metre cloth be Rs. β€˜CP’.

      ATQ,

      16 Γ— SP – 16 Γ— CP = 4 Γ— CP

      Or, 16 Γ— SP = 20 Γ— CP

      Or, SP/CP = 20/16 = 5/4

      Required profit percentage = {(5 – 4)/4} Γ— 100 = 25%

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