Site navigation

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 of profit?

Question and options

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 of profit?
  1. 3.5
  2. 4.5
  3. 5.6
  4. 6.5

Answer and explanation

Correct answer: C - 5.6
Cost per toy = 37512=31.25\frac{375}{12} = 31.25; selling price = 33; profit = 1.75. Profit % = 1.7531.25×100=5.6%\frac{1.75}{31.25} \times 100 = 5.6\%.

Practice for these exams

  • CUSAT CAT LLM

Related question papers

Related exam syllabi

More solved explanations in Arithmetic