Sam purchased 20 dozens of toys at the rate of ₹ 375 per dozen. He sold each one of them at the rate of ₹ 33… · ABC26GN2601

Subject: General Aptitude · Chapter: Profit and Loss

Sam purchased 20 dozens of toys at the rate of ₹ 375 per dozen. He sold each one of them at the rate of ₹ 33 . What was his percentage profit?
(a)3.5
(b)4.5
(c)5.6
(d)6.5
(e)None of these
Answer
Answer (as printed): C
Explanation
C.P. of 1 toy $=₹\left(\frac{375}{12}\right)=₹ 31.25$. S.P. of 1 toy $=₹ 33$. $$\text { ∴ Profit } \%=\left(\frac{1.75}{31.25} \times 100\right) \%=\frac{28}{5} \%=5.6 \% \text {. }$$

Explanation as extracted from the printed page; notation may be imperfect.

Study loop for Profit and Loss

1. Practise the PYQsPrevious-year questions, with answers

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