By selling 33 meters of cloth, one gains the selling price of 11 meters. Find…

The correct answer is Option B: 50%.

Explanation

To find the gain percent, we look at the relationship between the selling price and the cost price:

• Let the selling price (SP) of 1 meter of cloth be 1 unit.

• Therefore, the SP of 33 meters of cloth is 33 units.

• The gain is equal to the SP of 11 meters, which is 11 units.

• Since gain equals selling price minus cost price (Gain = SP - CP), the cost price (CP) of 33 meters is: CP = 33 units - 11 units = 22 units.

• The gain percent is calculated as (Gain / CP) * 100: Gain percent = (11 / 22) * 100 = 50%.