Question

Kadir buys eggs at rate of 5 for rupees 3 and sells them at 75 paisas each. Find the percentage gain or loss.

Answer 1

Answer:

profit percentage is 20 percent

Step-by-step explanation:

Given: 5 eggs at rupees 3

1 rupee = 60 paisas

3 rupees = 300 paisas

300/5 = 60

1Egg = 60 paisas,

then kadir sells them at 75 paisas for each egg,

profit = selling price - cost price

= 75-60

= 15 paisas

percentage profit = profit x 100. (upon)

cost price

= 15 x 100

75

= 1500

75

= 20 %

The kadir gain profit of = 20%