A: Sam sold 20 dozens of toys at the rate of Rs. 33 per dozen. So he earned a profit of 20 * 375 - 20 * 33 = 1700 rupees. The percentage profit is 1700 / 3500 = 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