Question

A shopkeeper buys eggs at ₹15 a dozen and sells them at 7 for ₹4 . Find his gain or loss per cent

Answer 1

Answer:

19 %

Step-by-step explanation:

It is given that

C.P. of one dozen eggs = ₹ 15

So C.P of 1 egg = 15/12 = ₹ 1.25

C.P of 7 eggs = 1.25 * 7 = ₹8.75

S.P. of 7 eggs = ₹ 4

S.P of 1 egg = 4/7 = ₹0.57

So the loss = C.P. – S.P.

Substituting the values

₹8.75 - ₹4 = ₹4.75

here

• Loss % = {loss /S.P * 100}
• Loss % = {4.75/4 * 100}
• Loss % = 4.75 * 25
• Loss % = 19

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