Cost price of an article is Rs. 230. If the profit percentage is 12 percent, then what is
Cost price of an article is Rs. 230. If the profit percentage is 12 percent, then what is
the value of profit?
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Correct answer: (A) Rs. 27.6
Explanation
Profit = 12 percent of 230 = 0.12 × 230 = Rs. 27.6.