Multiple choice

By selling 33 m of cloth, a person gains cost price of 11 m of cloth. Find the gain percentage.

  1. 30.33%

  2. 33.33%

  3. 25.33%

  4. 35.33%

  5. NA
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Gain = SP - CP. Given Gain = CP of 11m, and SP of 33m = CP of 33m + CP of 11m = CP of 44m. Gain % = (Gain / CP) * 100 = (11 / 33) * 100 = 33.33%.

AI explanation

Using the profit percentage formula, (Profit / Cost Price) * 100, we let the cost price of 1 meter of cloth be 1 unit. Selling 33 meters gives a revenue of 33 units, while the cost price for 33 meters is 33 units. The gain is given as the cost price of 11 meters, so the profit is 11 units. Substituting these values gives (11 / 33) * 100, which equals 33.33%. The gain percentage is 33.33%.

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