A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 588, what was his profit?  Choose the correct option:  A) s. 64  B) s. 69  C) s.108  D) s.75  E) s.90
C.P. = Rs. (100/122.5)x588   = Rs. (1000/1225)x588   = Rs. 480   Profit = Rs. (588 - 480) = Rs. 108.   Answer:s.108
<result>C</result>
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 588, what was his profit?