Question

Ram 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 of 1 dozen toys = Rs375
CP of 1 toy = Rs375/12
= Rs31.25
CP of 1 toy = Rs33
profit on 1 toy = SP–CP
= Rs(33–31.5)
= Rs1.5
profit % = [(profit×100)/CP]%
=[(1.5×100)/31.5]%
=(150/31.5)%
=100/21%

Answer 2

Answer:

4.76

Step-by-step explanation:

CP of 1 dozen toys = Rs375

CP of 1 toy = Rs375/12

= Rs31.25

CP of 1 toy = Rs33

profit on 1 toy = SP–CP

= Rs(33–31.5)

= Rs1.5

profit % = [(profit×100)/CP]%

=[(1.5×100)/31.5]%

=(150/31.5)%

=100/21%

=4.76