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- An Exporter Expects A Gain of 22.5% on His Cost Price. If in a Week, His Sale was of Rs. 392, What was His Profit?

# An Exporter Expects A Gain of 22.5% on His Cost Price. If in a Week, His Sale was of Rs. 392, What was His Profit?

If you are trying to find the profit of the sales, keep reading this to know the answer.

by Alaguvelan M

**Updated **Mar 18, 2024

An Exporter Expects A Gain of 22.5% on his Cost Price. If in a week, His sales was of Rs. 392, What was His Profit?

Here, an Exporter planned a gain of 22.5% on his original cost price, In one week the exporter's sale was Rs. 392. So what was his profit?

**Explanation:**

Given an exporter expects a 22.5% profit on his cost. Later in the week his sale of Rs.392

**Selling Price = Rs. 392** and **Gain = 22.5%**

**Here are the Solutions:**

Now we want C.P =** ( 100* S.P/ 100+Gain %)**

We know the values: = (100*392/ 100+22.5)

Now we got a C.P = **Rs. 320**

Next, we try to find the profit:

Profit = **Cost Price - Selling Price**

P = R (320 - 392)

Now we got the answer Profit = **Rs. 72**

## An Exporter Expects A Gain of 22.5% - FAQs

1. How is the cost price calculated when the selling price and the expected gain percentage are given?

The cost price is calculated using the formula: Cost Price = (100 * Selling Price) / (100 + Gain Percentage).

2. What is the Profit of his Exporter?

The Profit of the Exporter is Rs. 72

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