A man buys 50 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? Choose the correct choice from the following choices.
A) 5.3 %
B) 7.6 %
C) 10.6 %
D) 12 %
E) None of these
Explanation:   Let Marked price be Re. 1 each   C.P. of 50 pens = Rs. 46   S.P. of 50 pens = 99% of Rs. 50 = Rs. 49.50   Profit % = (Profit /C.P.) x 100   Profit% = (3.50/46) x 100 = 7.6 %   ANSWER 7.6 %
<result>B</result>
A man buys 50 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?