Question

Kamal 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

Answer 1

cp=20×375=7500
sp=20×12×33=7920
profit= sp-cp =7920-7500=420
profi% = 420÷7500×100 = 5.6%

Answer 2

Given :

Kamal 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

To Find :

what was his percentage profit

Solution:

Cost price of 1 dozen of toys = Rs.375

Cost price of 12 toys = Rs.375

Cost price of 1 toy =$\frac{375}{12}=31.25$

SP of 1 toy = rs.33

$Profit \% = \frac{SP-CP}{CP} \times 100\\Profit \% = \frac{33-31.25}{31.25} \times 100\\Profit \% =5.6\%$

Hence The profit % is 5.6%