On selling 30 caps, a shopkeeper earns profit equal to the selling price of 3 caps. What is the profit percentage?

Options

A. 12.5
B. 11.1 1
C. 10
D. 14 .28

Explanation

To solve the problem step by step, we will follow these calculations:

### Step 1: Define Variables
Let the cost price (CP) of one cap be \( X \). Therefore, the cost price of 30 caps is:
\[ \text{CP of 30 caps} = 30X \]

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