Profit and Loss Practice Test 7

Question : 10 of 40

Marks: +1, -0

If on selling 12 notebooks any seller makes a profit equal to the selling price of 4 notebooks, whatis his profit per cent?

Solution:

Here, C.P. of 12 books + S.P. of 4 books = S.P. of 12 books
Hence, C.P. of 12 books = S.P. of 8 books
Since, profit% =

{12 -8}/8×100

= 50%

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