An item purchased for Rs 760 is sold for Rs 912. What is the profit?

Question: An item purchased for Rs 760 is sold for Rs 912. What is the profit?

1. Rs 153
2. Rs 151
3. Rs 152
4. Rs 154

Correct Answer: C — Rs 152

Explanation: Profit = selling price − cost price.
Using the values in this question gives Rs 152 as the correct answer.