A: He made a profit of 20 * 375 - 20 * 33 = Rs. 1675. So, his percentage profit is 1675 / 20000 = 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