A trader bought some eggs at the rate of 36 per dozen and sold them at a profit of 40%. Find the selling price of an egg.
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Answer:
cost price of per dozen =₹36
profit %=40%
So,selling price of per dozen=cp×(100+profit%)/100
=36×(100+40)/100
=36×140/100
=5040/100
=₹50.4
selling price of 12 eggs=₹50.4
selling price of 1 egg=₹50.4/12
=₹4.2
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