A man purchase things at P Rs. Per dozen and sells everthing at P/8 Rs. Per thing. Then find his profit percent?
A. 30
B. 40
C. 50
D. 60
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Thank you sir
CP = P/12 per thing
SP = P/8 per thing.
Gain = P/8 - P/12 = (3P - 2P)/24 = P/24.
%Gain = [(P/24)/(P/12)] * 100 = 50%.