Question

A shopkeeper buys 144 eggs at 90 paise each. in the way 20 eggs were broken. he sold the remaining eggs at rs. 1.20 each. the percentage gain or loss is

Answer 1

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Answer 2

Answer:  The gain percentage is 14.81%.

Step-by-step explanation:  Given that a shopkeeper buys 144 eggs at 90 paise each and in the way 20 eggs were broken. He sold the remaining eggs at Rs. 1.20 each.

We are to find the percentage of gain or loss.

The cost price of the eggs = Rs. (144 × 0.90) = Rs. 129.6.

Since 20 eggs were broken, so the number of remaining eggs will be

$144-20=124.$

Since the shopkeeper sold the remaining eggs at Rs. 1.20 each, so the selling price of the eggs

= Rs. (124 × 1.20) = Rs. 148.8.

That is, the selling price of the eggs is more than the cost price.

So, there will be gain of Rs. (148.8 - 129.6) = Rs. 19.2.

Therefore, the required gain percentage is given by

$G=\dfrac{19.2}{129.6}\times100\%=\dfrac{1920}{129.6}\%=14.81\%.$

Thus, the gain percentage is 14.81%.