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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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