Answer:
Selling the total for $ 1276, Ace lost $ 1.37 for each meter.
Step-by-step explanation:
Given that Ace earned $ 176 selling 32 meters of cloth at $ 1496, to find out his loss for each meter if he sold the total for $ 1276, the following calculation must be performed:
1496 - 176 = 1320 (stock price)
1320/32 = 41.25 (price per meter)
1276/32 = 39.87
41.25 - 39.87 = 1.37
Thus, selling the total for $ 1276, Ace lost $ 1.37 for each meter.
