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Profit and Loss

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  1. A stationer buys diaries at 75 rupees per dozen and sells them at 15 rupees per piece. What is the profit?
    1. 75
    2. 100
    3. 105
    4. 110
Correct Option: C

Each dozen carries cost 75 rupees and are sold for
12 x 15 = 180 rupees
profit = SP-CP
profit = 180-75 = 105 rupees


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