A shopkeeper brought 1600 eggs at 3.75per dozen. He sold 900 of them at 2 for 1.00 and the remaining at 5 for 2. Find his profit or loss percentage
Answers
Answer:
Step-by-step explanation:
Total number of eggs bought by the shopkeeper = 1600 eggs
Cost of 12 eggs bought by the shopkeeper = ₹3.75
cost of 1 egg bought by the shopkeeper = ₹3.75 \ 12
= ₹ 375 \ 1200
= ₹ 0.3125
cost of 1600 such eggs = ₹ 1600 * 0.3125
orginal cost price of 1600 eggs = 500
selling price of every 2 eggs out of the first 900 = ₹1
eggs sold by the shopkeeper
selling price of every 1 egg out of the first 900 = ₹ 1\2
eggs sold by the shopkeeper = ₹0.5
selling price of first 900 eggs sold by the = ₹ 900 * 0.5 shopkeeper = ₹ 450
Remaining no of eggs the shopkeeper had = 1600 - 900 eggs
= 700 eggs
selling price of each set of 5 eggs out of the = ₹2
remaining 700 eggs
selling price of each egg out of the remaining = ₹2\5
700 eggs = ₹0.4
selling price of 700 such eggs = ₹700 * 0.4
= ₹280
total selling price of 1600 eggs sold by = ₹450 +₹ 280
the shopkeeper = ₹ 730
gain = selling price - costprice
= ₹730 - 500
= ₹230
gain percentage = gain \ Cost price * 100
= 230 \ 500 * 100
= 46 %
Answer = 46%