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A salesman expects a gain of 25% on his cost price. If in a month his sale was Rs 45,500 what was his profit?1. Rs. 91002. Rs. 96003. Rs. 75004. Rs. 8600 |
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Answer» Correct Answer - Option 1 : Rs. 9100 Given: Gain percent = 25% on cost price Selling Price = Rs. 45,500 Formula used: Profit = SP - CP Calculation: Let the cost price be 100 unit According to the question Expected Selling price = 100 + 25 = 125 unit 125 unit → Rs. 45,500 1 unit → 45500/125 1 unit → 364 100 unit → 364 × 100 CP = 100 unit = Rs. 36,400 Now, Profit = SP - CP Profit = 45,500 - 36,400 Profit = Rs. 9100 ∴ Required profit is Rs. 9100. |
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