Practicing Success
Rahul bought 20 dozen toys at a cost of ₹375 each dozen. He sold each of them for ₹33. The profit percentage is: |
5.6 6 4.7 5 |
5.6 |
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% |