Profit and Loss Practice Test 7

Question : 26 of 40

Marks: +1, -0

A shopkeeper has brought 8 refills for Re 1 but he sold 4 refills for Re 1. Find his profit per cent.

Solution:

CP of 8 refills = Rs 1
SP of 8 refills = Rs 2
Profit per cent

=1/1   ×100=100%

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