Multiple choice

A trader sells 145 metres of cloth for Rs. 12,325 at a profit of Rs. 10 per metre of cloth. What is the cost price of 1 metre of cloth?

  1. Rs. 65

  2. Rs. 75

  3. Rs. 95

  4. Rs. 85
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Total selling price = Rs. 12,325 for 145 metres. Total profit = 145 × 10 = Rs. 1,450. Cost price = Selling price - Profit = 12,325 - 1,450 = Rs. 10,875. Cost price per metre = 10,875 ÷ 145 = Rs. 75. Alternatively: SP per metre = 12,325 ÷ 145 = Rs. 85. CP per metre = 85 - 10 = Rs. 75.

Keep practicing — related questions