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Murali 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. Find out his profit percentage.
  • a)
    3.5
  • b)
    5.6
  • c)
    4.1
  • d)
    3.4
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Murali purchased 20 dozens of toys at the rate of Rs. 375 per dozen. H...
Cost Price of 1 toy = Rs.375/12 = Rs. 31.25

Selling Price of 1 toy = Rs. 33

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

Profit % = [(1.75/31.25) x 100 ]% = 28/5 % = 5.6%

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Most Upvoted Answer
Murali purchased 20 dozens of toys at the rate of Rs. 375 per dozen. H...
Given:
- Murali 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.

To find: Profit percentage

Solution:
1 dozen = 12 toys
20 dozens = 20 x 12 = 240 toys

Cost price (CP) of 1 toy = Rs. (375/12) = Rs. 31.25
Total cost price (TCP) of 240 toys = 240 x 31.25 = Rs. 7500

Selling price (SP) of 1 toy = Rs. 33
Total selling price (TSP) of 240 toys = 240 x 33 = Rs. 7920

Profit (P) = TSP - TCP = Rs. (7920 - 7500) = Rs. 420

Profit percentage = (Profit / TCP) x 100
= (420/7500) x 100
= 5.6%

Therefore, Murali's profit percentage is 5.6%.
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Murali 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. Find out his profit percentage.a)3.5b)5.6c)4.1d)3.4Correct answer is option 'B'. Can you explain this answer?
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Murali 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. Find out his profit percentage.a)3.5b)5.6c)4.1d)3.4Correct answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Murali 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. Find out his profit percentage.a)3.5b)5.6c)4.1d)3.4Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Murali 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. Find out his profit percentage.a)3.5b)5.6c)4.1d)3.4Correct answer is option 'B'. Can you explain this answer?.
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