Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Rahul bought 20 dozen toys at a cost of ₹375 each dozen. He sold each of them for ₹33. The profit percentage is:

Options:

5.6

6

4.7

5

Correct Answer:

5.6

Explanation:

Rahul bought = 20 dozen toys at a cost of ₹375 each dozen 

Total cost = 20 × 375 = 7500

SP of single toy = 33

SP of 20 dozen toy = 33 × 20 × 12 = 7920

Profit = 7020 - 7500 = 420

Profit% = 420 × \(\frac{100}{7500}\) = 5.6%