A. 50%
B. 60%
C. 70%
D. 80%
C.P of 16 shares = Rs. 100
C.P of each share = Rs. 100/16
S.P of each share = Rs. 10
Profit = S.P - C.P = Rs. (10 - 100/16) = Rs. 60/16
=> Profit% = ( (60/16) / (100/16) ) x 100 % = 60%
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