A shopkeeper bought toffees at a rate of 10 for Rs. 15 and sold them at a rate of 16 for Rs. 40. Find his profit percentage?
Explanation:
CP of 1 toffee = 15/10 = Rs. 1.5
SP if 1 toffee = 40/16 = Rs. 2.5
∴ Profit % = 2.5-1.51.5 × 100 = 66.67%
Hence, option (d).
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