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