Question : The cost price of an article is INR 350. If the profit percentage is 35%, then what is the value of profit?
Option 1: INR 145.6
Option 2: INR 122.5
Option 3: INR 135.6
Option 4: INR 112.8
Answer (1)
23rd Jan, 2024
Correct Answer: INR 122.5
Solution :
The cost price of an article = INR 350
Profit percentage = 35%
$\therefore$ Profit = 35% of INR 350 = $\frac{35}{100}$ × 350 = 122.5
Hence, the correct answer is INR 122.5.
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