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?
C.P. = Rs.$ \left(\dfrac{100}{122.5} \times 392\right) $= Rs.$ \left(\dfrac{1000}{1225} \times 392\right) $= Rs. 320
$\therefore$ Profit = Rs. (392 - 320) = Rs. 72.
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A man bought some toys at the rate of 10 for Rs. 40 and sold them at 8 for Rs. 35. Find his gain or loss percent. |
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