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A shop keeper purchased 10 boxes of pencils containing 10 pencils each at Rs. 100 per box and sold each pencil at a profit 12%. What is the…

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A shop keeper purchased 10 boxes of pencils containing 10 pencils each at Rs. 100 per box and sold each pencil at a profit 12%. What is the total sale price?
  • ARs. 1,100
  • BRs. 1,120
  • CRs. 1,200
  • DRs. 1,210
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Cost of 10 pencils = Rs. 100

Cost of 100 pencils = 100 × 100/10 = Rs. 1000

Profit percentage = 12%

∴ Total sale price = 112/100 × 1000 = Rs. 1120