A. 3.5

B. 4.5

C. 5.6

D. 6.5

### Check Answer

The correct answer is

We are given,

a) 20 dozen toys, each dozen toys have a cost price of RS. 375

b) 1 toy selling price is RS. 33

Now to find 1 toy cost price, we will divide 1 dozen toys cost price by 12, as we know dozen contains 12 items. so,

\text { C.P. }=\text { Rs. }\left(\frac{375}{12}\right)

The cost price of 1 toy = 31.25

Now we have both cost price and selling price of 1 toy, so we can calculate the profit percentage by given formula.

Profit % = \frac{Selling price-Cost price}{Cost price} \times 100

By putting value, we will have;

Profit % = \frac{RS. 33-RS. 31.25}{RS. 31.25} \times 100

Profit % = \frac{28}{5}\%

Profit % = 5.6%

Profit% and Gain % are interchangeable names of each other.

**“5.6**%**“****Step by step Solution:**We are given,

a) 20 dozen toys, each dozen toys have a cost price of RS. 375

b) 1 toy selling price is RS. 33

Now to find 1 toy cost price, we will divide 1 dozen toys cost price by 12, as we know dozen contains 12 items. so,

\text { C.P. }=\text { Rs. }\left(\frac{375}{12}\right)

The cost price of 1 toy = 31.25

Now we have both cost price and selling price of 1 toy, so we can calculate the profit percentage by given formula.

Profit % = \frac{Selling price-Cost price}{Cost price} \times 100

By putting value, we will have;

Profit % = \frac{RS. 33-RS. 31.25}{RS. 31.25} \times 100

Profit % = \frac{28}{5}\%

Profit % = 5.6%

*Hence, Sam has a percentage profit of 5.6***Note:**

You can also solve this problem by first calculating the profit amount and then applying the profit% formula, but it will be lengthy, also data of 20 dozen is irrelevant and we don’t need that data to find profit %.Profit% and Gain % are interchangeable names of each other.

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