A farmer bought 100 eggs for Rs 250. He sells 20 of them at a gain of 5%. At what gain % should he sell the remaining eggs so as to gain 20% on the whole
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GiveN:
- A farmer bought 100 eggs for ₹250. He sells 20 of them at a gain of 5%.
To FinD:
- At what gain % should he sell the remaining eggs so as to gain 20% on the whole.
RequireD SolutioN:
Cost price of 100 eggs = ₹250
Required gain on the whole :
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Cost of 1 egg =
Cost of 20 eggs = ₹(2.50 × 20) = ₹50
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Gain on 20 eggs:
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Gain on the remaining eggs :
- ⇛ ₹(50 - 2.50) = ₹47.50
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Cost of 80 eggs = ₹(2.50 × 80) = ₹200
Gain% on 80 eggs:
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- Hence, He should sell the remaining eggs at 23.75% gain.
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