Amber bought eggs at Rs. 8.40 a dozen. At what price per hundred must she sell them so as to earn a profit of 15% ?
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Answer:
Cost per egg =
12
8.4
=0.7
Cost per hundred egg =Rs70
Let selecting price per hundred be Rs.y
⇒
70
y−70
×100=15
⇒10y−700=105
⇒y=80.5Rs
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