A pencil costs 5 paisa. These are sold at 20% profit. Find out the selling price of one dozen pencils.

A 72 paisa

B 60 paisa

C 50 paisa

D None of these

Correct Answer: Option A

Cost of pencil 5 paisa.

At 20% profit,

Price of the pencil would be = (120/ 100 * 5) paisa

= 6 paisa

So,

At 20% Profit,

The selling price of one dozen pencils will be = (6 * 12) Paisa

= 72 Paisa