Question 3
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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 Correct
- D 6.5
Correct Answer: Option C
| Cost Price of 1 toy = ₹ |  |
375 |  |
= ₹31.25 |
| 12 |
Selling Price of 1 toy = ₹33
So, Gain = ₹ (33 - 31.25) = ₹1.75
 Profit % = |
|
1.75 | x 100 | % |
= | 28 | % = 5.6% |
| 31.25 | 5 |
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