A: Sam's total profit on selling 20 dozens of toys was 20 * 33 = 660. He had spent 375 * 20 = 7500 in buying toys. Thus, his percentage profit is 660 / 7500 = 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