Arithmetic Ability
Profit and Loss

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Q.

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

View Answer

Correct choice: B

Explanation:

We Know, S.P=(100+gain percent/100 ×C.P) ⇒C.P =100/122.50 ×392 Profit = 392−320 = Rs72
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