Question : Find the profit if a shopkeeper sells the item for Rs. 4673 whose cost price was Rs. 3456.
Option 1: Rs. 1345
Option 2: Rs. 1456
Option 3: Rs. 1237
Option 4: Rs. 1217
Correct Answer: Rs. 1217
Solution :
We know, Profit = Selling price − Cost price
Given:
Cost price = Rs. 3456 and selling price = Rs. 4673
⇒ Profit = Rs. 4673 − Rs. 3456 = Rs. 1217
Hence, the correct answer is Rs. 1217.
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