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