6.) Sachin purchase 20 dozens of toys at the rate of 375 Rs per dozen. He sold each one of them at the rate of Rs 33. What was his percentage profit?
A. 5.6% B. 7.12%
C. 9% D. None of these
Answer: Option A
Explanation:
C.P of one toy = Rs 375/12
= 31.25
S.P of one toy = Rs 33
Profit = S.P – C.P = 33 – 31.25
= 1.75
Profit % = (Profit/C.P) x 100
= (1.75/31.25) x 100
Profit % = 5.6%
