0 0 votes A merchant purchases a cloth at a rate of Rs. $100$ per meter and receives $5 \mathrm{~cm}$ length of cloth free for every $100 \mathrm{~cm}$ length of cloth purchased by him. He sells the same cloth at a rate of Rs. $110$ per meter but cheats his customers by giving $95 \mathrm{~cm}$ length of cloth for every $100 \mathrm{~cm}$ length of cloth purchased by the customers. If the merchant provides a $5 \%$ discount, the resulting profit earned by him is$9.7 \%$$16 \%$$4.2 \%$$15.5 \%$ Quantitative Aptitude cat2023-set3 quantitative-aptitude profit-loss + – admin 5.3k points 1.4k views answer comment Share Follow Print 0 reply Please log in or register to add a comment.