Sarita bought eggs at Rs. 8.40 a dozen . At what price per hundred must she sell them so as to earn a profit of 15%?
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Answered by
13
Answer:
Selling price of 100 eggs to earn a profit of 15 % is Rs 80.50
Step-by-step explanation:
Cost Price of 1 Dozen eggs = Rs 8.40 ( 1 Dozen = 12 units)
Cost Price of 1 egg = Rs (8.40/12) = Rs 0.7
Cost Price of 100 eggs = Rs (0.7 × 100) = Rs 70
Profit = 15%
Find the Selling price of 100 eggs to earn a profit of 15% :-
S.P = C.P + Profit% of C.P
= 70 + 15% of 70
= 70 + 0.15 × 70
= 70 + 10.50
= 80.50
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