Profit and Loss - Arithmetic Aptitude Questions and Answers

Home / Arithmetic Aptitude / Profit and Loss :: Discussion

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?

3.5

4.5

5.6

6.5

Answer : Option C

Explanation :

Cost Price of 1 toy = Rs.	[ $\frac { 375 } {1 2 }]$			= Rs. 31.25

Selling Price of 1 toy = Rs. 33

So, Gain = Rs. (33 - 31.25) = Rs. 1.75

Profit % =			$\frac { 1.75 } { 31.25 }$ x 100	%	=		$\frac { 28} {5 }$ % = 5.6%

Be The First To Comment

Comments

Name