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Question

The cost price of a pen is ₹ 12. But the shopkeeper sold it for ₹ 18. The percentage of profit obtained by the shopkeeper is ________%.
  1. 50

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Solution

The correct option is A 50
We have,
Profit = S.P - C.P = ₹ 18 - ₹ 12 = ₹ 6

We know,

a% of C.P. = Profit

a100×12=6

a=612×100

a=50%

Therefore, the percentage of profit obtained by the shopkeeper is 50%.

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