Correct option is B
Given:
Let the selling price (SP) of 1 meter of cloth be x .
Rani sells 33 meters of cloth and her profit is equal to the selling price of 11 meters of cloth.
Solution:
Selling Price (SP) of 33 meters of cloth = 33x
Profit = Selling Price of 11 meters of cloth = 11x
Now, let the Cost Price (CP) of 33 meters of cloth be y .
Since Profit = Selling Price - Cost Price, we have:
11x = 33x - y
y = 33x - 11x = 22x
Thus, the Cost Price of 33 meters of cloth is 22x .
Now, we calculate the Gain Percent using the formula:
Gain Percent =
Gain Percent =
Rani's gain percent is 50%.