sonita brought eggs at rs 8.40 a dozen. at what price per hundred must she sell them so to earn a profit of 15%.
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Purchase cost of eggs = Rs. 8.40 per dozen
Purchase cost of 100 eggs = (8.40/12)*100
= Rs. 70
Required profit from the selling of 100 eggs = 15%
Therefore selling price of 100 eggs = 70+(70*15/100) or 70*1.15
= 80.5
Ans = Rs. 80.5
Purchase cost of 100 eggs = (8.40/12)*100
= Rs. 70
Required profit from the selling of 100 eggs = 15%
Therefore selling price of 100 eggs = 70+(70*15/100) or 70*1.15
= 80.5
Ans = Rs. 80.5
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