At a cost of Rs. 375 a dozen, Sam purchased 20 dozens of toys. He made a Rs. 33 profit on each of them. What was his profit percentage?
A. 3.5
B. 4.5
C. 5.6
D. 6.5
Answer:C
At a cost of Rs. 375 a dozen, Sam purchased 20 dozens of toys. He made a Rs. 33 profit on each of them. What was his profit percentage?
A. 3.5 B. 4.5 C. 5.6 D. 6.5
Explanation: 1 toy costs Rs. 375 divided by 12 is Rs. 31.25.1 toy's selling price is Rs. 33.As a result, Gain = (33 - 31.25) = Rs. 1.75Profit percentage = 1.75/31.25 x 100 percent = 28/5% = 5.6 percent.