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Question

The cost price of a pen is ₹12, but the shopkeeper sold it for ₹18. What is the profit obtained by the shopkeeper for selling 20 such pens?
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Solution

Profit for one pen = S.P - C.P = ₹18 - ₹12 = ₹6
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Profit for 20 such pens = 6 x 20 = ₹120
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