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?

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 is a powerful AI-powered study tool designed to help you to solve study problem.