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 and loss
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◐ 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.
We know 1 dozen eggs means 12 eggs.
→ Cost of one egg = 22/12
→ Cost of one egg = Rs 1.83
Here,
◐ 10 dozen eggs = 120 eggs
→ Cost of 120 egg = 120 × 1.83
→ Cost of 120 egg = Rs 219.6
{Six eggs are rotten}
Here, 114 eggs are remain. and according to que. remaining eggs at the rate of Rs 2.50 per egg.
→ Selling price of 114 eggs = 114 × 2.50
→ Selling price of 114 eggs = Rs 285
Here, selling price is greater than cost price. hence its profit.
→ Profit = selling price - cost price
→ Profit = 285 - 219.6
→ Profit = Rs 65.4
Hence, profit of vendor is Rs 65.4
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