A salesman expects a gain of 13% on his cost price. If in

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A salesman expects a gain of 13% on his cost price. If in a month his sale was $ 7,91,000, what was his profit?

1. $ 85,659
2. $ 88,300
3. $ 91,000
4. $ 97,786

Correct Option: C

Here , Gain% = 13% and Selling Price = $ 7,91,000

Cost price =	Selling Price × 100
	( 100 + Gain% )

Cost price =	791000 × 100	= $ 700000
	113

∴ Gain = Selling Price - Cost price = 791000 – 700000 = $ 91000