Question

Ace gained $ 176 by selling 32 meters cloth for $1496. Find his loss per meters he sold it for $1276​

Answer 1

Selling the total for $ 1276, Ace lost $ 1.37 for each meter.

Explanation:

Given that Ace earned $ 176 selling 32 meters of cloth at $ 1496, to find out his loss for each meter if he sold the total for $ 1276, the following calculation must be performed:

1496 - 176 = 1320 (stock price)

1320/32 = 41.25 (price per meter)

1276/32 = 39.87

41.25 - 39.87 = 1.37

Thus, selling the total for $ 1276, Ace lost $ 1.37 for each meter.