Eight dozen eggs are purchased at $0.93 per dozen and are sold at six eggs for 63 cents the total profit is?
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Answer:The total profit is $2.64.
Step-by-step explanation:
For purchasing price,
C.P of 8 dozen eggs (C.P) = $(0.93*8) =$7.44
C.P of 1 egg =7.44/(8*12) =$0.775
8 dozen egg =96 eggs
S.P of 6 eggs =$0.63
S.P of 96 eggs (S.P) =(96/6)*0.63 =10.08
Total Profit =S.P-C.P =10.08-7.44 =$2.64
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