Samad bought 20 dozen toys at Rs. 375 per dozen and retailed them individually at Rs. 33. What was his profit percentage?
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Answer: C. 5.6
Explanation
Buying twenty dozen toys at three hundred seventy five rupees gives total cost price. Retailing each toy individually at thirty three rupees generates total revenue of seven thousand nine hundred twenty. Subtracting total cost from total revenue yields profit percentage of five point six percent. A dozen consists of exactly twelve individual items making two hundred forty items total. Total cost price equals twenty multiplied by three hundred seventy five resulting in seventy five hundred. Total revenue equals two hundred forty multiplied by thirty three resulting in seven thousand nine hundred twenty.
Retailers frequently buy merchandise in bulk quantities to secure lower wholesale purchase prices. Calculating individual profit margins helps merchants determine optimal pricing strategies for maximum profitability. Understanding percentage markup allows small business owners to evaluate overall commercial trading performance accurately. Option A suggests three point five percent which underestimates the actual commercial return. Option B suggests four point five percent which fails to match the precise calculated ratio. Option D suggests six point five percent which overstates the actual trading profit margin.
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