eggs are brought at 24 a dozen. At what price per hundred should they be sold, so as to a gain 12 per cent?
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6
Answer:
20
Step-by-step explanation:
Cost of a dozen (12) eggs = 24
Cost of one egg=2
Cost of eggs per hundred=2×100=200
ATQ,
He wants to earn a profit% of 12%
So,
Profit =(12/100)×200
= 24
SP=224
The price at which the eggs must be sold to gain a profit of 12%=224-200=20
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