Answer:
Gain perceent= (SP-CP)/CP *100
By selling 48 metres of cloth I gain the selling price of 16metres.
Let SP of 48m cloth = 48x
Gain = 16x
CP of 48m cloth = 48x - 16x = 32x
Gain % = gain/CP × 100
Gain % =32x/16x × 100 =
i.e200% his profit is 200 %Step-by-step explanation:
