Altaf purchase 5 dozen eggs rete of rupees 11 per dozen. 5 eggs were found broken in them. find the selling price of one egg, if he incurred a loss of rupees 5 after selling the remaining eggs
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Answer:
SP = Rs.2.31 per egg
Step-by-step explanation:
Total eggs purchased = 5 dozen = 5*12 = 60
5 eggs were broken => No. of eggs to be sold = 55
Rate of purchase of eggs = Rs.11 per dozen
=> Total cost price (CP) in Rupees = 11*12 = 132
Overall loss in Rupees = 5
=> Total CP - Total SP = 5
=> 132 - Total SP = 5
=> Total SP = 127
Thus, Altaf sold 55 eggs for a total value of Rs.127
=> SP of 1 egg = 127/55 = 2.31
The selling price of one egg = Rs.2.31 (approx)
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