A shopkeeper bought locks at the rate of 6 lacs for rupees 225 and sold them at the rate of 8 locks for 380 find the profit percentage
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Answer 90 locks
Cost price for a lock=34/8 =4.25
Selling price for a lock =57/12 =4.75
Profit=4.75*4.25=0.50
Profit%=0.50/4.25*100=11.76
Profit is 0.50 for a lock
When selling two lock we get one rupees
To get 45 RS profit =2*45=90
90 locks is the answer
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