A man bought 360 eggs at ₹12 per dozen.60 eggs were broken and 30 eggs were rotten.Find his profit or loss percent,if he sells the rest of the eggs at ₹ 15 per dozen.
give answer in mixed fraction
Answers
Answer: The man suffers a loss of 6.25%.
A man bought 360 eggs at Rs. 12 per dozen.
Total cost price of 360 eggs =Cost price of 30 dozens = 30 × 12 = 360 Rs.
Out of the tota eggs 60 eggs were broken and 30 eggs were rotten.
Now remaining eggs = 360 - 60 -30 = 270.
Selling price of the eggs is Rs. 15 per dozen.
Total selling price of 270 eggs =selling price of 22.5 dozen eggs = 22.5 × 15 = Rs. 337.5
Now as the total selling price is less than the cost price , it is a loss.
Loss = Cost price - Selling price = 360 - 337.5 = Rs. 22.5
Loss percentage =X100
Loss percentage=22.5/360X100
Loss percentage = 6.25%
Step-by-step explanation:
Given :-
Total number of eggs bought = 300
Cost of 12 (1 dozen) eggs = ₹ 12
To do :-
We have to find the profit or loss percent, if he sells the rest of the eggs at ₹ 15 per dozen.
Solution :-
Cost of 360 eggs = ₹ 1 × 360 = ₹ 360
Number of eggs broken = 60
Number of eggs rotten = 30
This implies,
Number of eggs he can sell = Total number of eggs - ( Number of eggs broken + Number of eggs rotten )
= 360 - ( 60 + 30 )
= 360 - 90
= 270
Selling price of 12 eggs = ₹ 15
Selling price of 270 eggs
This implies,
He made a loss of ₹ ( 360 - 337.5 ) = ₹ 22.5
Therefore, he made a loss of 6.25 %.