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?
Q1. 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?
Answer: Rs. 90
Explanation: Selling price per metre = 8925 ÷ 85 = Rs. 105; cost price = 105 − 15 = Rs. 90.