A trader sells 145 metres of cloths for Rs. 12,325 at the profit of Rs. 10 per metre of cloth. What is cost price of 1 metre of cloth ?

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BANK PO Exam (SBI) 2008 click here to view all questions

A trader sells 145 metres of cloths for Rs. 12,325 at the profit of Rs. 10 per metre of cloth. What is cost price of 1 metre of cloth ?

ARs. 65

BRs. 75

CRs. 95

DRs. 85

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Correct answer is: Rs. 75 Explanation: Given: The selling price of 145 metres cloth = Rs. 12,325 The profit = Rs 10 per metre of cloth Formula: $\text{Cost price = Selling price - Profit}$ Calculation: 1 metre of cloth = Rs. 10 profit 145 metre of cloth = $\text{Rs. 10 × 145 = 1450}$ $\text{ Cost price = Selling price - Profit }$ Cost price of 145 metre = 12,325 - 1450 = Rs. 10,875 ∴ Cost price of 1 metre cloth = $\frac{10875}{145}= \text{Rs. 75}$   Nithin ? answered Aug 8 '2022 at 21:47 All Comments

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