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Computer Science
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Profit and Loss
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
Show Answer
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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