By selling 33 metres of cloth a person gains the cost price of 11 metres find his gain

By selling 33m clothes, a person gains cost price of 11m clothes. Find the gain %.A. 30%B. 33.33%C. 25%D. 35%

  1. C
  2. D
  3. B
  4. A

Answer (Detailed Solution Below)

Option 3 : B

Free

CT : GK (Ancient History)

10 Questions 10 Marks 6 Mins

Let the cost price and selling price of 1 m clothes be Rs x and Rs. y respectively.

According to the question

33y – 33x = 11x

⇒ 33y = 44x

⇒ x : y = 3 : 4

Let CP = 3 and SP = 4

Profit = 4 – 3 = 1

Profit % = 1/3 × 100 = 33.33%

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Answer

Verified

Hint: Using the given information we can find the relation between cost price and selling price of the cloth. Then using this relation, we can find the gain percent as well. We can proceed by expressing the data in equations and then solving.

Formula used: If $CP$ is the cost price and $SP$ is the selling price of an article, then the gain is $SP - CP$.
Also, the gain percent is $\dfrac{{SP - CP}}{{CP}} \times 100$

Complete step-by-step answer:
Given that by selling $33$ metres of cloth one gains the selling price of $11$ metres.
Let the cost price of the cloth be $CP$ and the selling price be $SP$.
Then,
Cost price of $33$ metres of cloth is $33CP$.
Selling price of $33$ metres of cloth is $33SP$.
Gain/Profit of selling $33$metres is $33SP - 33CP = 33(SP - CP)$
It is said that this is equal to the selling price of $11$ metres of cloth, which is equal to $11SP$
$ \Rightarrow 33(SP - CP) = 11SP$
Opening brackets on the left-hand side we have,
$ \Rightarrow 33SP - 33CP = 11SP$
Subtracting $11SP$ from both sides,
$ \Rightarrow 33SP - 33CP - 11SP = 11SP - 11SP$
$ \Rightarrow 22SP - 33CP = 0$
which can be written as,
$22SP = 33CP$
Dividing the both sides by $22$,
$ \Rightarrow \dfrac{{22SP}}{{22}} = \dfrac{{33CP}}{{22}}$
$ \Rightarrow SP = \dfrac{{33CP}}{{22}}$
Cancelling $11$ from numerator and denominator on the right-hand side gives,
$ \Rightarrow SP = \dfrac{3}{2}CP$
Thus, we got the relation between selling price and cost price.
Now we have to find the gain percent.
Gain percent, $g = \dfrac{{SP - CP}}{{CP}} \times 100$
Substituting for $SP$ we have,
$g = \dfrac{{(\dfrac{3}{2}CP - CP)}}{{CP}} \times 100$
$ \Rightarrow g = \dfrac{{(\dfrac{3}{2} - 1)CP}}{{CP}} \times 100$
Cancelling $CP$ from numerator and denominator we have,
$g = (\dfrac{3}{2} - 1) \times 100$
$ \Rightarrow g = \dfrac{1}{2} \times 100 = 50$
That is, profit/gain percent is $50\% $
So, the answer is $50\% $.

Additional Information: If in case, the cost price is higher than the selling price, then we have a loss.
Loss $ = CP - SP$
and the loss percent $ = \dfrac{{CP - SP}}{{CP}} \times 100$

Note: Since the cost price and selling price are not given directly we used the relation between them. If they were given, then we can substitute the values and find the gain percent. Also, we can express $CP$ in terms of $SP$ instead of what we have done.

Profit and Loss

Aptitude

  1. By selling 33 meters of cloth, a person gains the cost of 11 meters. Find his gain%.

    1. 33%

Correct Option: A

From the question ,
Gain = 11 meter cloth , Cost of cloth = 33 meter and Selling of cloth = ( 33 + 11 ) = 44 meters

Gain percent
=
11 × 100 = 100
33 3

By selling 33 metres of cloth a person gains the cost price of 11 metres find his gain


A. $$33\frac{1}{3}\% $$

B. $$33\frac{1}{2}\% $$

C. $$33\% $$

D. $$34\frac{1}{3}\% $$

Solution(By Examveda Team)

Let Selling price of 1 meters cloth = Rs. 1
Selling price of 33 meters cloth = Rs. 33
Cost price of 1 meter cloth = Rs. x
Cost price of 33 meters cloth = Rs. 33x
According to the question,
Profit = Selling price - Cost price
$$\eqalign{ & \Rightarrow 11x = 33 - 33x \cr & \Rightarrow 44x = 33 \cr & \Rightarrow x = \frac{{33}}{{44}} = \frac{3}{4} \cr & {\text{Cost price of 1 metre}} \cr & = {\text{Rs}}{\text{.}}\frac{3}{4} \cr & {\text{Cost price of 33 metres}} \cr & = \frac{3}{4} \times 33 \cr & = {\text{Rs}}.\frac{{99}}{4} \cr} $$
Selling price of 33 meters = Rs. 33
Profit = Selling price = Cost price
$$\eqalign{ & = 33 - \frac{{99}}{4} \cr & = \frac{{33}}{4} \cr & \therefore {\text{Profit }}\% \cr & {\text{ = }}\frac{{\frac{{33}}{4}}}{{\frac{{99}}{4}}} \times 100 \cr & = \frac{{33}}{{99}} \times 100 \cr & = \frac{1}{3} \times 100 \cr & = 33\frac{1}{3}\% \cr} $$

Alternate :
Let Selling price of 1 meters cloth = Rs. 1
Selling price of 33 meters cloth = Rs. 33
33 Selling price - 33 Cost price = 11 Cost price
33 Selling price = 44 Cost price
$$\eqalign{ & \frac{{{\text{Selling price}}}}{{{\text{Cost price}}}} = \left. {\frac{4}{3}} \right\rangle 1 \cr & {\text{Profit = 1}} \cr & {\text{Profit }}\% = \frac{1}{3} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 33\frac{1}{3}\% \cr} $$