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    Question

    A shopkeeper buys 25 notebooks at Rs. 32 each and sells

    all of them at Rs. 40 each. Find his profit percentage.
    A 32% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 29% Correct Answer Incorrect Answer

    Solution

    Cost price (CP) of 25 notebooks = 25 × 32 = Rs. 800 Selling price (SP) of 25 notebooks = 25 × 40 = Rs. 1000 Profit = SP − CP = 1000 − 800 = Rs. 200 Profit % = (Profit / CP) × 100 = (200 / 800) × 100 = 25% Answer: 25% profit

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