4. If eggs are bought 12 for 10 and sold at 10 for 12. What is the profit or loss %?
(a) Profit 20%
(b) Loss 20%
(c) Profit 44%
(d) Profit 24%
Answers
Profit of 44%
Step-by-step explanation:
CP of 12 eggs = ₹10
CP of 1 egg = ₹10/12
SP of 10 eggs = ₹12
SP of 1 egg = ₹12/10
Since the SP > CP Therefore it is a Profit.
Total profit = SP - CP = 12/10 - 10/12 = ₹ 11/30
Profit percentage = 100×profit/CP
= (100 × 11/30)/10/12
= 44%
Therefore, there is a Profit of 44%
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Given :-
- Total cost price of 12 egg = 10
- Total cost price for 10egg = 12
Solution :-
Here the no. of egg purchased and sale is not same therefore first we will equal the amount egg purchase and sale.
L.C.M of(12,10) = 60
Since 60 is the least common multiple of 12,10 therefore we would make egg purchased and and sold equal by making them 60.
Cp of 12egg = 10 ...(1)
multiply above eqn by 5
60 egg = 50
Similarly for Sp multiplying by 6
60egg = 72
Now, the no. of egg purchased and sold is same therefore
CP = 50
Sp = 72
Profit% = (72-50/50)×100 = 44%