A man buys 58 pens at marked price of 46 pens from a whole seller. If he sells these pens giving a discount of 1% , what is the profit percent? Choices:
A) 7.6 %
B) 7.7 %
C) 24.82 %
D) 13.6 %
E) 27.82 %
Explanation:   Let Marked price be Re. 1 each   C.P. of 58 pens = Rs. 46   S.P. of 58 pens = 99% of Rs. 58 = Rs. 57.42   Profit % = (Profit /24.82 %.P.) x 100   Profit% = (11.42/46) x 100 = 24.82 %   ANSWER: 24.82 %
<result>C</result>
A man buys 58 pens at marked price of 46 pens from a whole seller. If he sells these pens giving a discount of 1% , what is the profit percent?