Question

A shop keeper deals in selling eggs.

Number of dozen purchased 2 dozen

Purchase price of each dozen 100Rs
Shop keeper wants 10% profit, calculate price of 1 egg to get 10% profit. (1 Dozen = 12)

Answer 1

Question:

A number of dozen purchased 2 dozen. Purchase price of each dozen 100Rs

. Shop keeper wants 10% profit, calculate the price of 1 egg to get 10% profit. (1 Dozen = 12)

Step-by-step Explanation:

1. Find how much the shopkeeper purchased.

  100 x 2 = 200

  The shopkeeper paid 200Rs

.

2. Find 10% of 200Rs

   0.10 x 200 = 20Rs

   10% of 200Rs is 20Rs

3. Find how many eggs

   12 x 2 = 24

   There are 24 eggs

4. Find how much each egg cost when the shopkeeper bought it.

   200 / 24 = 8.33333333333

   Each egg cost 8.33Rs when the shopkeeper bought it.

5. Find how much each egg costs plus the 10% profit if the shopkeeper will      sell it

   20 / 24 = 0.83333333333

   0.83 + 8.33 = 9.16

   Each egg will cost 9.16Rs if the shopkeeper wants to earn a 10% profit.

Answer:

Each egg will cost 9.16Rs if the shopkeeper wants to earn a 10% profit.