A shopkeeper brought 200 eggs out of which 20 were broken. he sold fhe remaining eggs at the rate of Rs15 per dozen and thus gained 25÷2%. find his total investment.
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Given that,
A shopkeeper brought 200 eggs out of which 20 were broken. He sold fhe remaining eggs at the rate of Rs15 per dozen and thus gained 25/2 %.
So, it means
Total egg purchased = 200
Number of broken eggs = 20
Total number of eggs left = 200 - 20 = 180
We know, 12 eggs = 1 dozen
So, 180 eggs = 15 dozen
Further given that Selling Price of 1 dozen eggs = Rs 15
So, Selling Price of 15 dozen of eggs = 15 × 15 = 225
Profit % = 25/2 % = 12.5 %
We know,
So, on substituting the values, we get
So, it means his total investment is Rs 200
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