The cost price of 30eggs is equal to the sale price of 20eggs. What is the percentage of profit?
Answers
Answered by
67
Given :-
- The cost price of 30 eggs is equal to the sale price of 20 eggs.
To Find :-
- What is the percentage of profit?
Solution :-
~Here,
→ Let the cost price of 1 egg be Rs. 1
Then,
→ Cost price of 30 eggs will be Rs. 30
According to the Question ,
→ CP of 30 eggs = SP of 20 eggs
→ SP of 20 eggs = Rs. 30
→ SP of 1 egg = 30/20 = Rs. 1.5
_____________
Now, we can easily find the profit percentage by putting the values in it's formula.
As we know that ,
★ Profit % = ( SP - CP ) / CP × 100
Finding the Profit % :-
⟶ Profit % = ( 1.5 - 1 )/1 × 100
⟶ Profit % = 0.5 × 100
⟶ Profit % = 50 %
_____________
Therefore ,
- Profit percentage is of 50 %
_____________
Similar questions