A retailer buys 100 pens at the market price of 36 pens from a wholesaler, if he sells these pens giving a discount of 1%, what is the profit % ? Choose the correct option.
A) 110 B) 175 C) 212 D) 218 E) 220
let the market price of each pen be $1   then, Cost Price of 100 pens = $ 36 Selling Price of 100 pens =99% of $100=$ 99   profit %=((63*100)/36)= 
<gadget id="calculator">((63*100)/36)</gadget>
<output>175</output>
175%   Answer 175
<result>B</result>
A retailer buys 100 pens at the market price of 36 pens from a wholesaler, if he sells these pens giving a discount of 1%, what is the profit % ?