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​The total cost price of 100 apples is ₹700. They are sold at a rate of ₹96 per dozen. The profit percentage is
Question

​The total cost price of 100 apples is ₹700. They are sold at a rate of ₹96 per dozen. The profit percentage is

A.

142714 \frac{2}{7} ​%

B.

8238 \frac{2}{3} ​%

C.

131713 \frac{1}{7} ​%

D.

241724 \frac{1}{7} ​%

Correct option is A

Given:

Cost price of 100 apples = Rs. 700

Selling price per dozen = Rs. 96

Formula Used:

Profit %=SPCPCP×100\text{Profit \%} = \frac{\text{SP} - \text{CP}}{\text{CP}} \times 100

Solution:

SP of 100 apples = 9612×100=800 Rs.\frac{96}{12} \times 100 = 800 \, \text{Rs.}​​

Profit =  Rs.800 - 700 = 100 Rs.

Profit %=100700×100=14.2857%1427%\text{Profit \%} = \frac{100}{700} \times 100 = 14.2857\% \approx 14 \frac{2}{7}\% ​​

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