Profit & Loss · Question 4 · Easy
Rahul buys 12 pens for ₹96 and sells each pen for ₹10. What is his profit percentage?
- 20%
- 25%
- 30%
- 12 1/2%
Answer and explanation
Answer: B. 25%
Explanation: CP per pen = 96 ÷ 12 = ₹8. Profit per pen = ₹2, so profit% = 2/8 × 100 = 25%.
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