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A shopkeeper buys 12 pens for ₹96 and sells them at the price on the tag. What is his profit per cent?

Class 8Profit and LossComparing Quantities
  • A10%
  • B20%
  • C2%
  • D25%

Step-by-Step Solution

CP of one pen = 96 ÷ 12 = ₹8. SP = ₹10. Profit = ₹2 per pen, Profit % %. 20% wrongly divides by SP.
Answer: D) 25%

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