Question

A grocer buys eggs at 10 for 8 and sells at 8 for 10. Find his gain or loss percent. ​

Answer 1

Answer:

Loss; Loss = 36%

Step-by-step explanation:

CP of 8 eggs = Rs.10

=> CP of 1 egg = Rs.(10/8) = Rs.1.25

SP of 10 eggs = Rs.8

=> SP of 1 egg = Rs.(8/10) = Rs.0.80

As CP > SP, there is a loss

Loss per egg = Rs.1.25 - Rs.0.80 = Rs.0.45

Loss% = 100*(Loss per egg)/CP per egg

           = 100*(0.45/1.25)

           = 36

The grocer makes of loss of 36 per cent.

Answer 2

Answer:

cost price per egg--- 8/10= 0.8

Selling price per egg = 10/8 = 1.25

Gain==. 1.25-0.8 = 0.45

%gain = (0.45*100)/0.8 = 56.25%

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