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    Question

    A vendor earns a profit equal to the cost price of 8

    metres of fabric when selling 40 metres of fabric. Calculate 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. тАШSPтАЩ and the cost price of 1 metre cloth be Rs. тАШCPтАЩ.

    ATQ,

    40 ├Ч SP тАУ 40 ├Ч CP = 8 ├Ч CP

    Or, 40 ├Ч SP = 48 ├Ч CP

    Or, SP/CP = 48/40 = 6/5

    Required profit percentage = {(6 тАУ 5)/5} ├Ч 100 = 20%

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