The cost price of an article is Rs. 350. If the profit percentage is 35 percent, then what is the value of profit?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs. 122.5.
Cost price = Rs 350
Profit % = 35%
Profit = 35% of 350 = 122.5
Hence, the value of the profit is Rs 122.5