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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


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 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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