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A shopkeeper bought 150 calculators at t...

A shopkeeper bought 150 calculators at the rate of Rs. 250 per calculator. He spent Rs. 2500 on transportation and packing. If the marked price of calculator is Rs. 320 per calculator and the shopkeeper gives a discount of 5% on the marked price then what will be the percentage profit gained by the shopkeeper?

A

`14%`

B

`15%`

C

`16%`

D

`20%`

Text Solution

Verified by Experts

The correct Answer is:
A
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