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Question 1:
A shopkeeper by selling 8 iphones, earns a profit equal to the selling price of 3 iphones. His profit percentage is
A. 60 percent
Feedback Profit = (8-3) = 5
Profit percentage = 3 X 100 /5 = 60%
B. 55 percent
C. 75 percent
D. 15 percent

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