A shopkeeper anticipates a 22.5 percent increase in his cost price. What was his profit if his sale was Rs. 392 in a week?
A. Rs. 18.20
B. Rs. 70
C. Rs. 72
D. Rs. 88.25
Answer:C
A shopkeeper anticipates a 22.5 percent increase in his cost price. What was his profit if his sale was Rs. 392 in a week?
A. Rs. 18.20 B. Rs. 70 C. Rs. 72 D. Rs. 88.25
Explanation: C.P. = Rs. 100 x 392/122.5 = Rs. 320 .Profit = (392 - 320) = 72 rupees