A man purchased 20 dozen toys at the rate of 375 per dozen. He sold each one of them at 33. What
was his profit percentage?
(a) 6.5
(b) 5.6
(c) 3.5
(d) 4.5
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Answer:
Solution(By Examveda Team)
CostPriceof1toy=Rs.(37512)=Rs.31.25SellingPriceof1toy=Rs.33So,Gain=Rs.(33−31.25)=Rs.1.75∴Profit%=(1.7531.25×100)%=285%=5.6%
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