A grocer buys 10 dozens eggs at rs 18 per dozen from the hole sale market. out of these, 10 eggs were found broken and had to be thrown away. At what price per egg should he sell them so as to make a profit of 10%, if he spent rs 24 on transportation?
Answers
Selling price per egg = 10/8 = 1.25.
Gain = 1.25 - 0.8 = 0.45
%gain = (0.45 *100)/0.8 = 56.25%.
Answer:
The selling price of 1 egg is Rs. 2.04.
Step-by-step explanation:
Given : A grocer buys 10 dozens eggs at rs 18 per dozen from the hole sale market. out of these, 10 eggs were found broken and had to be thrown away.
To find : At what price per egg should he sell them so as to make a profit of 10%, if he spent rs 24 on transportation?
Solution :
Grocer buys 10 dozens of eggs.
1 dozen = 12 eggs
⇒ 10 dozen of eggs = 120 eggs
Cost of 1 dozen = Rs.18
⇒ Cost price of 120 eggs = Rs.180
Grocer spent Rs.24 on transportation,
So, Total money spent = 180+24
Total money spent = Rs.204
Since 10 eggs were broken,
Remaining eggs = 120 - 10=110
If grocers wants to earn profit of 10% on the total money spent,
That means the selling price,
So, selling price of 110 eggs = Rs.224.4
Selling price of 1 egg =
Therefore, The selling price of 1 egg is Rs. 2.04.