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General Questions Question 8 – answer, explanation & discussion

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Question 8 Back to Exercise
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of ₹392, what was his profit?

  • A ₹ 18.20
  • B ₹ 70
  • C ₹ 72 Correct
  • D ₹ 88.25
Correct Answer: Option C

C.P. = ₹ ( 100 x 392 ) = ₹ ( 1000 x 392 )
122.5 1225

= ₹ 320

∴ Profit = ₹ (392 - 320) = ₹ 72.

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