a grocer bought a few eggs, each for rupees 3 and sold them at rupees 48 per dozen. find the profit or loss made by him on each egg.
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let a grocer buy 12 egg each for 3 rs means in 36 rs
and sold them in 48 rs
so,
profit =48-36×100/36
=12×100/36
=100/3
=33.3%
and sold them in 48 rs
so,
profit =48-36×100/36
=12×100/36
=100/3
=33.3%
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