Amit bought 400 eggs and Rs 8.40 a dozen she sold 200 eggs for Rs100 per 100 rest 200 eggs are sold for Rs 2 each calculate the total profit and profit percentage.
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•Cost of eggs per dozen =Rs.8.40
•Cost of 1 egg =8.40/12=Rs.0.7
•Cost of 400 eggs =400×0.7=Rs.280
Calculating the price at which Amit should sell the eggs to earn a profit of 15%, we get
•15% of 280+280
•=(15/100)×280+280=4200/100+280=42+280=Rs.322
•So, Amit must sell the 400 eggs for Rs. 322 in order to earn a profit of 15%.
Therefore, SP per one hundred eggs =Rs.322/4=Rs.80.50.
•Cost of 1 egg =8.40/12=Rs.0.7
•Cost of 400 eggs =400×0.7=Rs.280
Calculating the price at which Amit should sell the eggs to earn a profit of 15%, we get
•15% of 280+280
•=(15/100)×280+280=4200/100+280=42+280=Rs.322
•So, Amit must sell the 400 eggs for Rs. 322 in order to earn a profit of 15%.
Therefore, SP per one hundred eggs =Rs.322/4=Rs.80.50.
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