a man bought a dozen eggs for 25 rupees and sold pair for 5 rupees what is the percentage of profit he makes
Answers
- The profit percentage the man makes is equal to 20% .
Given :-
- A man bought a dozen eggs for = Rs. 25
- He sold a pair of eggs for = Rs. 5
To Find :-
- Total profit % he makes ?
Formula used :-
- When selling price (SP) is greater than cost price (CP) , the seller has profit .
- Profit % = (Profit in Rs. × 100) ÷ CP .
- 1 dozen = 12 items .
- 1 pair = 2 items .
Solution :-
given that,
→ cost price of 1 dozen eggs = Rs. 25
so,
→ cost price of 12 eggs = Rs. 25 ----- Equation (1)
and,
→ selling price of a pair of eggs = Rs. 5
so,
→ selling price of 2 eggs = Rs. 5
then,
→ selling price of 1 egg = Rs. (5/2)
→ selling price of 12 eggs = (5/2) × 12 = Rs. 30 ----- Equation (2)
as we can see that,
→ selling price of 12 eggs > cost price of 12 eggs
therefore,
→ Total profit = selling price of 12 eggs - cost price of 12 eggs
→ Total profit = 30 - 25
→ Total profit = Rs. 5
hence,
→ Profit % = (Total profit × 100) ÷ cost price of 12 eggs
→ Profit % = (5 × 100) ÷ 25
→ Profit % = 500 ÷ 25
→ Profit % = 20% (Ans.)
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