A man purchases eggs at ` 65 per dozen and sells them at ` 7 per egg. Find his gain or loss percent.
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cost price of 1 dozen (12) egg = ₹65
selling price of 1 egg = ₹7
selling price of 12 egg = 7×12=₹84
since selling price is grater than cost price
therefore there is profit
profit%= S.P.-C.P./C.P. × 100
= 84-65/65×100
=19/65×100
=29.23%
I hope it will helps you.
selling price of 1 egg = ₹7
selling price of 12 egg = 7×12=₹84
since selling price is grater than cost price
therefore there is profit
profit%= S.P.-C.P./C.P. × 100
= 84-65/65×100
=19/65×100
=29.23%
I hope it will helps you.
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