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Question

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?


Solution

We have,
$$Gain\%=22.4\%$$, $$S.P=Rs.\ 392$$

So,
$$C.P=\dfrac{100}{122.5}\times 392=Rs.\ 320$$

Therefore,
Profit $$=392-320=Rs.\ 72$$

Hence, this is the answer.

Mathematics

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