A shopkeeper expects a gain of 22½% on his cost price. If in a week, his sale was of Rs.392, what was his profit?	Answers: A) Rs.18.20 B) Rs.70 C) Rs.72 D) Rs.88.25 E) None
Solution   C.P	= Rs.(100/122.50x392)   = Rs.(1000/1225×392)   = Rs.320.   Therefore, Profit	= Rs.(392-320)   = Rs.72.   Answer Rs.72
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A shopkeeper expects a gain of 22½% on his cost price. If in a week, his sale was of Rs.392, what was his profit?