7.
|
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?
|
A.
|
Rs. 18.20
|
B.
|
Rs. 70
|
C.
|
Rs. 72
|
D.
|
Rs. 88.25
|
|
Answer: Option C
Explanation:
C.P. = Rs.
|
|
100
|
x 392
|
|
= Rs.
|
|
1000
|
x 392
|
|
= Rs. 320
|
122.5
|
1225
|
Profit = Rs. (392 - 320) = Rs. 72.