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A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

Rs. 18.20
Rs. 70
Rs. 72
Rs. 88.25

Correct Answer: Rs. 72

Explanation:

C.P. = Rs.	❨	100	x 392	❩	= Rs.	❨	1000	x 392	❩	= Rs. 320
		122.5					1225

∴ Profit = Rs. (392 - 320) = Rs. 72.

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