Question

Anvi bought 400 eggs at Rs 280. At what price per hundred must she sell them so as to earn a profit of 15%?

Answer 1

Step-by-step explanation:

Cost of 400 eggs = Rs.280

Cost of 1 egg = 400/280

                      = Rs. 0.7

Calculating the price at which anvi should sell the eggs to earn a profit of 15%, we get

= 15%  of 280 + 280

= 15/100 x 280 + 280

= 42 + 280

= 322

so, anvi should sell 400 eggs at the price of 322 in order to get a 15% profit.

∴The selling price of 100 eggs = 322/400 x 100

                                                 = 0.8050 x 100

                                                 = 80.50 Rs.

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