A grocer bought 8 dozen eggs at ₹ 3.50 each. And sold
them at ₹ 5 each. Find the profit he made.
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Step-by-step explanation:
The man purchased 8 dozen eggs i.e. 96 eggs for Rupees 480, which means that each egg cost him Rupees 5.
Now, 8 out of 96 eggs have been damaged. The remaining eggs are (96–8) i.e. 88.
To have a profit of 10%, he must sell the eggs at a price of Rupees{480 + (10% of 480)} = Rupees{480 + (10/100 × 480)} = Rupees{480 + (1/10 × 480)} = Rupees{480 + 48} = Rupees 528/- .
So, the 88 eggs have to be sold at Rupees 528
So, the rate of each egg would be Rupees (528/88) = Rupees 6
The answer is Rupees 6 per egg.
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