Question

if eggs are purchased at rs75 per 100 and are sold at rs 18 per 20,find the gain per cent.

Answer 1

Find the cost price of 1 egg:

100 eggs = Rs 75

1 egg = Rs 0.75

Find the selling price of 1 egg:

20 eggs = Rs 18

1 egg = 18 ÷ 20 = Rs 0.9

Find the profit percentage:

Profit = Rs 0.9 - Rs 0.75 = Rs 0.15

Profit Percentage = 0.15/0.75 x 100 = 20%

Answer: The profit gain is 20%