Question 58

If selling price of an article is ₹638 and profit is 45%, then what will be the net profit?

Solution

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Selling price of article = Rs. 638 and profit % = 45%

=> Cost price = $$\frac{638}{145}\times100=Rs.$$ $$440$$

$$\therefore$$ Net profit = $$638-440=Rs.$$ $$198$$

=> Ans - (D)

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