A dealer bought a no. Of eggs at ₹ 18 a dozen and sold them at 50% profit . Find the selling price per eggs
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Solution - Formula to calculate % profit = (sp - cp) * 100/ cp
Given - cp = Rs 18 per dozen
Therefor cp of one egg = 18/12 = Rs 1.5
% profit = 50% = (sp - 1.5) * 100 / 1.5
(50 * 1.5) / 100 = sp - 1.5
75/100 = sp - 1.5
sp - 1.5 = 0.75
sp = 0.75 + 1.5 = Rs 2.25
Answer - Selling price of an egg is Rs 2.25
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Given - cp = Rs 18 per dozen
Therefor cp of one egg = 18/12 = Rs 1.5
% profit = 50% = (sp - 1.5) * 100 / 1.5
(50 * 1.5) / 100 = sp - 1.5
75/100 = sp - 1.5
sp - 1.5 = 0.75
sp = 0.75 + 1.5 = Rs 2.25
Answer - Selling price of an egg is Rs 2.25
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