Lessons

General Aptitude
4.1 Profit and Loss - General Questions

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Q.

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?

View Answer

Correct choice: C

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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