Profit and loss

Quantitative Aptitude (CGL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A shopkeeper expects a gain of 22 ½ % 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

88.25

The correct option is C

C.P = Rs. (100/122.50×392)= Rs. 320.

∴ Profit = Rs. (392 - 320) = Rs. 72