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%
Show 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% Last updated on Oct 27, 2022 The SSC MTS Tier II Admit Card has been released. The paper II will be held on 6th November 2022. Earlier, the result for the Tier I was released. The candidates who are qualified in the SSC MTS Paper I are eligible for the Paper II. A total of 7709 vacancies are released, out of which 3854 vacancies are for MTS Group age 18-25 years, 252 vacancies are for MTS Group age 18-27 years and 3603 vacancies are for Havaldar in CBIC. Stay updated with the Quantitative Aptitude questions & answers with Testbook. Know more about Profit and Loss and ace the concept of Discount and MP. 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 $SP - CP$. Complete step-by-step answer: Additional Information: If in case, the cost price is higher than the selling price, then we have a loss. 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 LossAptitude
Correct Option: AFrom the question ,
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 Alternate : |