Sam purchased 20 do...
 
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Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

 
Soham Agarwal
(@soham)
Estimable Member

Profit and loss doubt

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Topic starter Posted : 29/09/2020 6:27 pm
Rahul Singh
(@rahul)
Admin

CostPriceof1toy=Rs.(375/12)=Rs.31.25

SellingPriceof1toy=Rs.33So,

Gain=Rs.(3331.25)=Rs.1.75

Profit%=(1.75/31.25×100)%

            =28/5%

            =5.6%

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Posted : 29/09/2020 6:28 pm
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