7. A man bought 4 dozen eggs at 1.20 per egg. He sold out all the eggs at the rate of 1.50 per egg. Find out his
total profit or loss.
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Answer:
His total profit will be 14.4.
Step-by-step explanation:
This is because
cost of 1 egg = 1.20
sale of 1 egg = 1.50
cost of 4 dozen eggs = 1.20×4×12 = 57.6
sale of 4 dozen eggs = 1.50×4×12 =72
Profit/Loss = sale- cost
= 72- 57.6
Profit = 14.4
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