A pet shop sells 50 rabbits for Rs. 2000 at a profit of Rs. 12 per rabbit. Find the cost price for one rabbit? Choose the correct choice from the following answers:  A) 20  B) 52  C) 28  D) 40  E) 15
SP per rabbit = 2000/50 = Rs. 40
Profit per rabbit = Rs. 12 CP per rabbit = 40 - 12
= Rs. 28
Answer: 28
<result>C</result>
A pet shop sells 50 rabbits for Rs. 2000 at a profit of Rs. 12 per rabbit. Find the cost price for one rabbit?