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Ravi buys pens only by the box at the price on this wholesale list. He then sells them in packs of 10, charging the list price for a pack. What is his profit percentage?

Class 7Profit and LossComparing Quantities
  • A11.1%
  • B25%
  • C12.5%
  • D10%

Step-by-Step Solution

A box of 50 costs ₹ 400, so 10 pens cost him . He sells 10 pens for ₹ 90: profit ₹ 10 on ₹ 80 .
Answer: C) 12.5%

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