If selling price of an article is Rs. 638 and profit is 45%, then what will be the net profit?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs. 198.
| Understanding/Application |
|
Selling price of article = Rs. 638 and profit % = 45% Cost Price = 638 × 100/145 = Rs. 440 |
| Net profit = 638 - 440 = Rs. 198 |