A vendor bought 500 eggs at $4 per 10 eggs. Of these, 50 eggs were found to be broken. If he sold the remaining eggs at $0.55 per egg, how much did he gain or lose? Answer
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brought 500 eggs $4 per 10 eggs
i.e.,
10 eggs for $4
500 eggs for $(4÷10)×500=$200
50 were broken so left is 500-50=450
sold each with price $0.55
total S.P= 0.55×450=$247.5
hence , there is gain of
247.5-200= $47.5...
i.e.,
10 eggs for $4
500 eggs for $(4÷10)×500=$200
50 were broken so left is 500-50=450
sold each with price $0.55
total S.P= 0.55×450=$247.5
hence , there is gain of
247.5-200= $47.5...
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