Q. A salesman expects a gain of 13% on his cost price. If in a month, his sale was ₹ 791000, what was his profit ?
✅ Correct Answer: (A)
₹ 91000
Explanation: Given, total sale= ₹ 791000
∴ Cost price = (791000 x 100) /113 = ₹ 700000
∴ Required profit = 791000 - 700000 = ₹ 91000
Explanation by: Monu Rathod
Given, total sale= ₹ 791000
∴ Cost price = (791000 x 100) /113 = ₹ 700000
∴ Required profit = 791000 - 700000 = ₹ 91000
∴ Cost price = (791000 x 100) /113 = ₹ 700000
∴ Required profit = 791000 - 700000 = ₹ 91000