Question

a shopkeeper buys eggs at rs 15 dozen and sell them at 7for rs 4
find his gain and loss per cent

Answer 1

Cost price of 12 eggs = 15
Selling price of 7 eggs = 4
Selling price of 12 eggs = 48/7
Loss= 15-48/7
= 57/7
Loss %= (57/7*15)*100
= 54.28%