Raju purchased 10 dozens of eggs for 12.50 a dozen. 5 eggs were broken.
He sold the rest at 1 each. Find his profit or loss %.
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Answer:
10 Dozen = 10x12 = 120 Eggs
Purchase Price = 12.50 Per Dozen
Purchase Price of 10 Dozen (Total) = 10x12.50 = Rs. 125.0
Now,
Purchase Price (Total) = 120 Eggs at Rs. 125
Total Remaining Eggs = Total 120 - 5 Broken Eggs = 115 Eggs
Selling Price (Total) = 115 Eggs at Rs. 1 each = Rs. 115
It's a LOSS (Rs. 10 Loss)
LOSS (%) PERCENTAGE = (Loss/Cost Price) x 100 = (10/125)x100 = 8
ANSWER = LOSS of 8%
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