A shopkeeper buys pens at ₹8 each and sells them at ₹11 each. He spent a total of ₹960 buying pens. How much profit will he make if he sells all of them?
- A.320
- B.340
- C.360 ✓
- D.400
Explanation: Number of pens = 960÷8=120. Profit per pen = 11−8=₹3. Total profit = 120×3=₹360.
Class 6 IMO Mathematics Olympiad practice · Olympiad Thinking · Working Backwards & Problem-Solving Strategies
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