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A shopkeeper buys a pencil at 10 for Rs 10 and sells them for 8 for Rs 10. find the profit percent. |
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Answer» CP of 1 pencil = Rs10/10 CP of 8 pencil= 10/10*8 =8 SP of 8 Pencil= 10 Now, Profit = SP- CP = 10-8 = 2 Therefore, Profit Percent= P/ CP*100% = 2/ 10 *100% 20% |
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