A shopkeeper buys 15 notebooks at ₹20 each and sells them all for a total of ₹360. What is the profit or loss percentage?
Profit of 20%
Cost price of 15 notebooks = \( 15\times20=300 \) rupees.
Selling price = ₹360, which is more than the cost price, so there is a profit of \( 360-300=60 \) rupees.
Profit % = \( \frac{60}{300}\times100=20\% \).
Hence, the shopkeeper makes a profit of 20%.
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