A man bought 400 meters of cloth for Rs. 40,000 & sold it at a rate of Rs. 200 per one and a half meter. What was his percentage profit or loss?
Question
Solution 1
Sure, let's solve this step by step:
Step 1: Calculate the cost price per meter of cloth. The man bought 400 meters of cloth for Rs. 40,000. So, the cost price per meter is Rs. 40,000 / 400 = Rs. 100.
Step 2: Calculate the selling price per meter of cloth. He sold the cloth at a rate of Rs. 200 pe Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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