Question

A vendor buys eggs at 6 for 2 rupees and sells them at 5 for 2 rupees. Find his gain percent

Answer 1

cp = 6×2 =12
sp = 5×2 =10

HERE, SP less than CP

Loss = CP-SP
=12-10
=2

LOSS % = Loss/CP × 100
=2/12 × 100
=33.33%

Answer 2

Given that A vendor buys eggs at 6 for 2 rupees.

Cost price of 6 eggs = 2 rupees.

Then the cost price of 1 egg = 2/6 = 1/3 = 0.333.



Given that he sells them at 5 for 2 rupees.

The selling price of 5 eggs = 2 rupees.

The selling price of 1 egg = 2/5
 
                                           = 0.4


We know that Gain = Selling price - Cost price

                                 = 0.4 - 0.333

                                 = 0.067.


We know that Gain% $= ( \frac{Gain * 100}{C.P})$

                                           = (0.067 * 100)/0.333

                                           = 20.12