Venkat purchased twenty dozens of toys at the rate of 375 per dozen. He sold each one of them at the rate of 33. What was his percentage profit? Choose the correct choice from the following choices
A) 6.5 B) 5.6 C) 3.5 D) 4.5 E) None of these
Cost price of 20 dozen toys = 20 × 375 = 7,500   Selling price of 20 dozen toys = 20 × 33 × 12 = 7,920   Profit percentage = 7920−7500/7500×100=5.6%   Answer 5.6
<result>B</result>
Venkat purchased twenty dozens of toys at the rate of 375 per dozen. He sold each one of them at the rate of 33. What was his percentage profit?