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Question : A fabric seller sells 65 m of cloth for INR 5,850 at a profit of INR 11 per metre of cloth. What is the cost price of 1 m of cloth?

Option 1: INR 70

Option 2: INR 89

Option 3: INR 80

Option 4: INR 79


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: INR 79


Solution : The selling price of 65 m of cloth = INR 5,850
Profit earned per metre of cloth = INR 11
Let the cost price of 1 metre of cloth be x.
The total cost price of 65 metres of cloth = 65x
The selling price of 65 metres of cloth = 65(x+11) = 65x + 715
According to the given information,
65x + 715 = 5,850
Solving for x, we get:
⇒ 65x = 5,850 – 715
⇒  65x = 5,135
⇒  x = 79
$\therefore$ The cost price of 1 metre of cloth is INR 79.
Hence, the correct answer is INR 79.

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