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    Question

    Ravi sold 80 notebooks and made a profit equal to the cost

    price of 5 notebooks. What is the percentage of profit he made?
    A 6.25% Correct Answer Incorrect Answer
    B 12.28% Correct Answer Incorrect Answer
    C 7.45% Correct Answer Incorrect Answer
    D 11.55% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let cost price of 1 notebook = Re. 1

    Profit earned = cost price of 5 notebooks = 1 × 5 = Rs. 5

    Cost price of 80 notebooks = 1 × 80 = Rs. 80

    Profit percentage = (5 / 80) × 100 = 6.25%

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