a grocer bought 480 eggs at ₹ 18 per dozen. he sold them at a gain of 10%. find the selling price of an egg.
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Step-by-step explanation:
given data
grocer bought eggs 480 at 18 rupees per dozen..
=(480/12)×18
=40×18 = 720..
cost price is 720..
profit% = (profit / costprice) ×100
10 = ( profit / 720 ) × 100
(10×720)/100 = profit.
72 = profit.
but profit = selling price - cost price
selling price = profit + costprice
= 72 + 720
= 792 rupees
SELLING PRICE OF EGGS IS 792
792/480
selling price for 1 egg is 1.65
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