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 profit? 3.5 4.5 5.6 6.5
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Sp of one dozen = 33 × 12=396
sp of 20 dozens = 396×20= 7920
Cp of 20 dozens= 375× 20= 7500
profit= 420
therefore profit percentage = 420/7500 × 100
= 420 ÷ 75=5.6%
sp of 20 dozens = 396×20= 7920
Cp of 20 dozens= 375× 20= 7500
profit= 420
therefore profit percentage = 420/7500 × 100
= 420 ÷ 75=5.6%
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