1.  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

Answer: Option C

Explanation:

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