Shivam buys a pencil for ₹ 15 and an eraser for ₹ 5. He then sells them for a total of ₹30. What is his profit percent?

30 %

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50 %

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60 %

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80 %

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Solution

The correct option is B $50 %$
$Total cost price = 15 + 5 = ₹ 20$
$Selling price = ₹ 30$
$Profit made = 30 - 20 = ₹ 10$
$Profit% = \frac{10}{20} \times 100 = 50 %$

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