A) 18%
B) 16%
C) 21%
D) 10%
Correct Answer: C
Solution :
Selling price of 10 pencils = Rs. 11 SP of 1 pencil \[=\,\,Rs.\,\,\frac{11}{10}\] SP of 11 pencils\[=\frac{11}{10}\times 11=\,\,Rs.\,\,\,12.1\] Profit = Rs.\[(12.1-0)=Rs.\,\,2.1\] Profit percentage\[=\frac{2.1}{10}\times 100=21%\]You need to login to perform this action.
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