By selling twelve notebooks , the seller earns profit equal to the selling price of two note books , what is his percentage profit
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If Selling Price(S.P.) of 1 notebook is Rs.1,
S.P. of 12 notebooks = Rs.12
Profit = S.P. of 2 notebooks = Rs.2
Cost Price of 12 notebooks = Rs.12 - Rs.2 = Rs.10
Profit% = Profit/Cost Price = 2/10 * 100 = 20%
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