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A trader sells 85 meters of cloth for Rs. 8925 at the profit of Rs. 15 per metre of cloth. What is the cost price of one metre of cloth?
- A27 Rs.
- B45 Rs.
- C90 Rs.
- D97 Rs.
Correct answer: C
Discussion 1
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CCommunity
90 Rs.
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.
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.