A cloth merchant professes to sell his material at a loss of 8%. But he measures 84 cm for a metre. Find his actual gain or loss per cent. |
A) \[9\frac{5}{11}\]% gain
B) \[9\frac{11}{21}\]% gain
C) % loss
D) % loss
Correct Answer: B
Solution :
Let CP of 1 m cloth = Rs. 100 |
SP of 84 cm cloth = 92 |
CP of 84 cm cloth = 84 |
\[\text{Gain=SP}-\text{CP}=92-84=8\] |
Gain % x% |
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