A man buys eggs at 2 for Rs. 1 and an equal number at 3 for Rs. 2 and sells the whole at 5 for Rs. 3. His gain or loss percent is…….
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Let us assume that the man purchased N no of eggs at 2 for Rs 1
CP of N eggs = Rs N/2
He purchased equal no ie N eggs at 3 for 2
CP of N eggs = 2N/3
Total CP of 2N eggs = N/2 + 2N/3 = 7N/6
SP of 2N eggs = 3/5×2N = 6N/5
Profit = 6N/5 - 7N/6 = N/30
Profit percent = N/30 ×6/7N ×100 = 20/7 = 2•85%
Gain = 2•85%
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