Question

John bought 100 eggs for 40. Out of these, four eggs were found to be broken
and he sold the remaining eggs at the rate of 7.50 per dozen. Find his gain or
loss per cent.​

Answer 1

Answer:

Step-by-step explanation:

Eggs =100−4

=96 eggs

Cp of 96 eggs → Rs. 40

Cp of 1 egg → Rs. 40/96 = 0.416

Sp of 12 eggs →7.50 Rs.

Sp of 1 egg → 7.50/12 = 0.625

Profit% = (Sp - Cp / Cp) ×100

=0.625−0.416 / 0.416 ×100  

=50.24%.