A shopkeeper byes 80 eggs for ₹400 and sels them at the rate of 30 eggs for ₹112.50. Find his profit or loss %
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Given :
- Buys = 80 eggs for ₹400
- Sells = 30 eggs for ₹112.50
To find :
- Profit / Loss %
Cost price :
= 80 Eggs = ₹400
= 1 Egg = 400 / 80
= 1 Egg = ₹5
Selling price :
= 30 Eggs = ₹112.50
= 1 Egg = 112.50 / 30
= 1 Egg = ₹3.75
He bought 1 Egg = ₹5 But Sold 1 Egg = ₹3.75
So, It's Loss
Loss :
Loss = Cost price of 1 Egg - Selling price of 1 Egg
= ₹5 - ₹3.75
= ₹1.25
Loss % :
Loss % = Loss / Cost price × 100
= 1.25 / 5 × 100
= 25%
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