A trader sells 92 meters of cloth for Rs. 9890 at the profit of Rs. 24 per metre of cloth. What is the cost price of one metre of cloth? Choose the correct choice:
A) 22  B) 89.5  C) 76.9  D) 83.5  E) 11
SP of 1m of cloth = 9890/92 = Rs. 107.5   CP of 1m of cloth = SP of 1m of cloth - profit on 1m of cloth   = Rs. 107.5 - Rs. 24 = Rs. 83.5   Answer: 83.5
<result>D</result>
A trader sells 92 meters of cloth for Rs. 9890 at the profit of Rs. 24 per metre of cloth. What is the cost price of one metre of cloth?