Question
Easy

By selling 33 meters of cloth, A gets gain equal to selling price of 11 meters. Gain in percentage is equal to :

1
25%
2
33$\frac{1}{3}$%
3
50%
4
75%
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 2
Chapter: Finance
Topic: Profit & Loss
Correct Answer
Option C
Explanation

To determine the gain percentage when selling 33 meters of cloth, where the gain is equal to the selling price of 11 meters, we need to follow these steps: 1. Understanding the Problem: - Let the cost price (CP) of 1 meter of cloth be \( x \). - Therefore, the cost price of 33 meters of cloth is \( 33x \). 2. Selling Price and Gain: - The gain…Read More