A man bought 60 eggs for 80 paise each 5 eggs broke and he sold the remaining eggs at RS 1 each. Find hos gain or loss percent
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gain : 7 Rupees
gain percent : 14.583%
gain percent : 14.583%
Answered by
1
alright, let's do this *cracks knuckles*
we need to find the total cost first, before we proceed. and that can be done by multiplying the number of eggs by the cost of each egg
so, 60*80 = 4800 paise
convert that to rupees and you get 48 rs.
next, we need to find the total selling price, and that is equal to the product of the number of eggs sold (after five have been dropped, so 60-5 = 55) and the selling price of each individual egg .
and that is 55*1 = 55 rs
so the total profit = S.P (selling price) - C.P (cost price) = 55-48 =7 rupees
gain % = (amount gained/cost price) * 100
=(7/48) *100
which is approximately equal to 14.58%
cheers! x
we need to find the total cost first, before we proceed. and that can be done by multiplying the number of eggs by the cost of each egg
so, 60*80 = 4800 paise
convert that to rupees and you get 48 rs.
next, we need to find the total selling price, and that is equal to the product of the number of eggs sold (after five have been dropped, so 60-5 = 55) and the selling price of each individual egg .
and that is 55*1 = 55 rs
so the total profit = S.P (selling price) - C.P (cost price) = 55-48 =7 rupees
gain % = (amount gained/cost price) * 100
=(7/48) *100
which is approximately equal to 14.58%
cheers! x
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