Ram bought 1600 eggs at rs.3.75 per dozen. He sold 900 of them at 2 for re.1 and the remaining at 5 for rs.2. His gain percent is
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CP of 12 eggs = 375p
CP of 1 egg = 375/12 = 31.25p
SP of 1 egg = 100/2 = 50p
Profit 1 egg = 50 - 31.25 = 18.75p
Profit from 900 eggs = 18.75 x 900 = Rs.168.75 ......(1)
SP of 1 egg = 200/5 = 40p
profit from 1 egg = 40 - 31.25 = 8.75p
Profit from remaining 700 eggs = 8.75 x 700 = Rs.61.25 .......(2)
Total profit from 1600 eggs = 168.75 + 61.25 = Rs.230
CP of 1600 eggs = 31.25 x 1600 = 50000p = Rs.500
Gain percent = 230/500 x 100 = 46%
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