12. Raju purchased 10 dozens of eggs for 12.50 a dozen. 5 eggs were broken.
He sold the rest at 1 each. Find his profit or loss %.
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Step-by-step explanation:
Cost of 1 dozen eggs: 12.50
Cost of 10 dozen eggs: 12.50*10= 125
No. of eggs bought: 10 dozen
=10*12= 120 eggs
Therefore,
Cost of one egg: 125/120= 1.04
No. of eggs broken: 5
Balance no. of eggs: 120-5=115
Selling price of each egg: ₹1
Loss= 1.041 - 1.00 = ₹1
Loss%=(Loss*100) / C.R.
=(0.401*100) / 1
=4.10%
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