A: The total profit made by Sam is 20 x 33 - 12 x 375 = Rs. 12000. The percentage of profit is 12000 x 100 / 12000 = 5.6. The answer is (C).
Answer the following multiple choice question with options (a), (b), (c), (d), (e) by reasoning step-by-step.
Q: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? Answer Choices: A)3.5 B)4.5 C)5.6 D)6.5 E)None of these