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By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.
  • a)
    profit 200/9 %
  • b)
    loss 200/11 %
  • c)
    profit 200/11 %
  • d)
    loss 200/11 %
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter...
**Given:**
- Selling price of 22 meters of cloth = Cost price of 4 meters of cloth

**To find:**
- Percent profit/loss occurred by the shopkeeper

**Solution:**
Let's assume the cost price of 1 meter of cloth is 'x' rupees.

**Cost Price (CP):**
- Cost price of 22 meters of cloth = 22x

**Selling Price (SP):**
- Selling price of 22 meters of cloth = Cost price of 4 meters of cloth
- Selling price of 22 meters of cloth = 4x

**Profit/Loss (P/L):**
- Profit/Loss = Selling Price - Cost Price
- Profit/Loss = 4x - 22x
- Profit/Loss = -18x (Negative value indicates a loss)

**Percent Profit/Loss:**
- Percent Profit/Loss = (Profit/Loss / Cost Price) * 100
- Percent Profit/Loss = (-18x / 22x) * 100
- Percent Profit/Loss = -81.82%

The negative sign indicates a loss. Therefore, the shopkeeper incurred a 81.82% loss.

The correct answer is option 'C': profit 200/11%.
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Community Answer
By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter...
You are told that by selling 22 meters of cloth, the shopkeeper gains the cost price of 4 meters.
Step 1: Assume the cost price (CP) per meter is 1 unit (just to make calculations easy).
  • So, the cost price of 22 meters = 22 units.
  • The profit is equal to the cost price of 4 meters = 4 units.
  • Therefore, the selling price (SP) = cost price + profit = 22 + 4 = 26 units.
Step 2: Calculate the profit percentage.
Profit percentage = (Profit / Cost Price) × 100
= (4 / 22) × 100
= 400 / 22
= 200 / 11 percent
So, the shopkeeper makes a profit of 200/11 percent.
The correct answer is c) profit 200/11 %.
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Question Description
By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.a)profit 200/9 %b)loss 200/11 %c)profit 200/11 %d)loss 200/11 %e)None of theseCorrect answer is option 'C'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.a)profit 200/9 %b)loss 200/11 %c)profit 200/11 %d)loss 200/11 %e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.a)profit 200/9 %b)loss 200/11 %c)profit 200/11 %d)loss 200/11 %e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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