Question

4.
Ramesh purchased some eggs at the rate of
5 for * 12. He sold them at the rate of 10
for 25. Find the profit or loss per cent.
116​

Answer 1

Answer:

4.16% profit

Step-by-step explanation:

Buy 12 eggs at Rs. 5

so, 1 egg's cost price = 12/5 = Rs.2.4

Sold 25 eggs at Rs. 10

so, 1 egg's selling price = 25/10 = Rs.2.5

Here, CP = 2.4 and SP = 2.5. So, clearly it is profit.

The Profit Percentage

2.4 = 100%

2.5 = ? %

= (2.5 × 100) ÷ 2.4

= 104.16

So, 4.16% (104.16-100) profit.