A man buys eggs at Rs 9.60 per dozen and sells 20 eggs for RS 18. What is his gain or loss percent
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Answer:
Cost price = 9.60
Selling price = 18
Extra worth = 20
So, (S.P + Extra worth)
=18 + 20
= 38
So,
CP = 9.60
S.P = 38
So,
(S.P > CP)
(S.P - C.P)
= 38 - 9.60
= 9.22
Gain% = {Gain / C.P × 100}
Gain% = {9.22/38×100}
(So, now there is a decimal sign in the numerator so, the decimal will change into zero and the zero will be added to the denominator) .
So,
(Now cross multiply ✖)
{922/380×100}
=242.63
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