ABC26GN2601 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
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
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.
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