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A trader sells 85m of cloth for Rs. 8925 at the profit of Rs. 15/m of cloth. What is the price of 1m of cloth? Rs. 84 Rs. 96 Rs. 92 Rs. 102

User Nick Ellis
by
7.3k points

2 Answers

2 votes

Final answer:

The price of 1m of cloth is Rs. 90.

Step-by-step explanation:

To find the price of 1m of cloth, we need to calculate the total cost of selling 85m of cloth at a profit of Rs. 15/m.

Profit = Selling Price - Cost Price

Therefore, Cost Price = Selling Price - Profit = Rs. 8925 - (15 x 85) = Rs. 8925 - 1275 = Rs. 7650

Now, we can find the price of 1m of cloth:

Price of 1m of cloth = Cost Price ÷ Quantity = Rs. 7650 ÷ 85 = Rs. 90

Therefore, the price of 1m of cloth is Rs. 90.

User Alexmac
by
8.0k points
3 votes

Answer:

Rs90

Step-by-step explanation:

SP of 1m of cloth = 8925/85 = Rs. 105

CP of 1m of cloth = SP of 1m of cloth – profit on 1m of cloth

= Rs. 105 – Rs. 15 = Rs. 90.

User Lokesh Patel
by
8.2k points