Question

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?

Answer 1

Answer:

5.5%

Step-by-step explanation:

Arjun buys toys = 20 dozen = 20 × 12 = 240 toys.

C.P. = 20 × 375 ( No. of toys in dozen × Price of toys per dozen) = Rupees 7500

S.P. = 240 × 33 ( No. of toys × Price per toy ) = Rupees 7920

Profit = S.P - C.P = 7920 - 7500 = Rupees 420

Profit % = Profit/C.P. × 100 = 420/7500 × 100 = 5.5%