A shopkeeper expects a gain of 22 frac12 on his cost price If in a week his sale was of Rs 392 what ...........

Quantitative Aptitude ( CCS) Profit and loss

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

Submit Error

profit pc is on cost price 22.5% but on sale price it will be 22.5/122.5*100

Munesh Kumari

corrected