Question

Sameer bought a dozen eggs at 25 and sold 10 of them at 25. Find his profit %.

Answer 1

Answer:

42%

Step-by-step explanation:

Given that Sameer bought a dozen eggs at 25 and sold 10 of them at 25.

We know that 1 dozen means 12.

Cost price of 12 eggs = 25

Cost price of per egg = 25/12

Cost price of per egg = Rs. 2.08

Also,

Selling price of 10 eggs = 25

Selling price of per egg = 25/10

Selling price = Rs. 2.5

Now,

Selling price > Cost price

Therefore,

Profit% = (Selling price - Cost Price) × 100

Profit% = (2.5 - 2.08) × 100

Proft% = 0.42 × 100

Profit% = 42%

Hence, the profit% is 42%.