A vendor bought 10 dozen eggs at the rate of Rs 22 per dozen. Six of the eggs were rotten. He sold the remaining eggs at the rate of Rs 2.50 per egg . Find his profit or loss
Answers
Answered by
194
purchase cost = 10(22) = 220
number of eggs bought = 120
number rotten = 6
good eggs = 114
return = 114(2.5) = 285
profit = 285-220 = 65
you were correct
number of eggs bought = 120
number rotten = 6
good eggs = 114
return = 114(2.5) = 285
profit = 285-220 = 65
you were correct
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Answered by
22
GIVEN:
Total dozen of eggs bought =10
Price of one dozen egg= Rs 22
cost price of 10 dozen eggs=220
Number of rotten eggs=6
The selling price of 1 egg= Rs 2.50
TO FIND:
The profit and loss of the vendor
SOLUTION:
1 dozen= 12 piece
10 dozen=120 piece
Price of 120 eggs =Rs 220
Net quantity of eggs=120-6
=114 pieces
The selling price of 144 eggs =144*2.50
=Rs285
profit= selling price-cost price
=285-220
profit=65
HENCE, The profit and loss of the vendor is Rs65
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