A shopkeeper bought 500 dozen egg at ₹ 40 per dozen. He paid 600 for transportation . if he sells them at the rate ₹ 5.50 , then calculate his profit or loss percent
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Answer:
500 dozen = 500*12 = 6000
40 per dozen = 40*500 =20000
transport charge = 600
so, c.p = 20000+600 = 20600
if sells at Rs.5.50 s.p = 5.50*6000 = 33000
s.p-c.p = 33000-20600 = 12400 profit
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