If the cost price is 92% of sp then what is the profit %  Choices.
A) 8.70%  B) 8.60%  C) 8.10%  D) 8.30%  E) 8.27%
Sol. sp=Rs100 : then cp=Rs 92:profit =Rs 8.   Profit={(8/92)*100}%=8.70%   8.70%nswer is 8.70%.
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If the cost price is 92% of sp then what is the profit %