A trader sells 78 meters of cloth for Rs. 6788 at the profit of Rs. 29 per metre of cloth.

A trader sells 78 meters of cloth for Rs. 6788 at the profit of Rs. 29 per metre of cloth. What is the cost price of one metre of cloth?

Quiz

Answer/Solution

58

Steps/Work

SP of 1m of cloth = 6788/78 = Rs. 87
CP of 1m of cloth = SP of 1m of cloth - profit on 1m of cloth
= Rs. 87 - Rs. 29 = Rs. 58.
Answer: D

Physics Calculator / Auto Solver

A trader sells meters of cloth for $ at the profit of $ per metre of cloth. What is the cost price of one metre of cloth?

Calculated Answer

58.025641025641

Step by Step Solution

In order to solve problem, you must evaluate n1 / n0 - n2.

n0 =78
n1 =6788
n2 =29