Question

Sam purchased $20$ dozens of toys at the rate of $Rs.375$ per dozen. He sold each one of them at the rate of $Rs.33$. What was his percentage profit?

• A. $3.5$
• B. $4.5$
• C. $5.6$
• D. $6.5$

Answer 1

Answer: (C)

$5.6$

Cost Price of $1$ toy $=Rs.\left(\frac{375}{12}\right)=Rs.31.25$
Selling Price of $1toy=Rs.33$
So, $Gain=Rs.(33-31.25)=Rs.1.75$
$\therefore Profit$% $=(\frac{1.75}{31.25}\times 100)$% $=\frac{28}{5}$% $=5.6$%