A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.

Q: A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.

We Know, S . P = 100 + g a i n p e r c e n t 100 × C . P ⇒ C . P = 100 122 . 50 × 392 Profit = 392−320 = Rs72

Rs. 70
Rs. 72
Rs. 74
Rs. 76

Correct Answer: Rs. 72

Explanation:

We Know, $S . P = \frac{100 + g a i n p e r c e n t}{100} \times C . P$

$\Rightarrow C . P = \frac{100}{122.50} \times 392$

Profit = 392−320 = Rs72

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