Sandy purchased 20 dozen toys at the rate of $144 per dozen. Sandy sold each toy at the rate of $12.60. What was the percentage profit?
Choose the correct choice from the following answers.
A) 3%
B) 5%
C) 7%
D) 9%
E) 11%
A dozen toys cost $144, so each toy cost $12.   selling price / cost price = 12.60 / 12= 
<gadget id="calculator">12.60 / 12</gadget>
<output>1.05</output>
1.05   The percentage profit is 5%.   The answer is 5%.
<result>B</result>
Sandy purchased 20 dozen toys at the rate of $144 per dozen. Sandy sold each toy at the rate of $12.60. What was the percentage profit?