Question
Download Solution PDFIf 9 books are purchased at Rs.18 and sold at Rs 20, then the profit % is
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Agniveer Vayu Other than Science (Group Y) 20 Jan 2023 Memory-Based Paper
Answer (Detailed Solution Below)
Option 2 : \(11\frac{1}{9}\)
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Detailed Solution
Download Solution PDFFormula used:
Profit % = (Profit/CP) × 100
Calculation:
CP = 9 book = Rs. 18
SP of 9 book = Rs. 20
Profit = 20 - 18 = Rs. 2
Profit % = [Profit/CP] × 100
Profit % = (2/18) × 100
∴ Profit % = \(11\frac{1}{9}\).
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