Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
By selling 33 metres of cloth, one gains the selling price of 11 metres. Find the gain percent.
Answer
Answer (as printed):
Explanation
(S.P. of 33 m) - (C.P. of 33 m) = Gain = S.P. of 11 m. $$\begin{aligned} & \therefore \quad \text { S.P. of } 22 \mathrm{m}=\text { C.P. of } 33 \mathrm{m} \text {. } \\ & \text { Let C.P. of each metre be ₹ } 1 \text {. Then, C.P. of } 22 \mathrm{m}=₹ 22 \text {, S.P. of } 22 \mathrm{m}=₹ 33 \text {. } \\ & \therefore \text { Gain } \%=\left(\frac{11}{22} \times 100\right) \%=50 \% \text {. } \end{aligned}$$