The sold price of 12 eggs is equal to cost price of 16 eggs. Find the profit percentage.
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Answered by
0
Step-by-step explanation:
Let selling price of 12 eggs = x
Then the cost price of 16 eggs = x
The selling price of 1 egg = x/12
Therefore, the cost price of 1 egg = x/16
We know that selling price > cost price
Therefore, the profit = Selling price – Cost price
= x/12 – x/16 = x/48
Profit % = (Profit/Cost price) x 100%
= 33%
Answered by
2
Step-by-step explanation:
Let selling price of 12 eggs = x
Cost price of 16 eggs = x
Therefore,
Selling price of 1 egg = x/12
Therefore,
Cost price of 1 egg = x/16
As , selling price > cost price
Therefore, the profit = Selling price – Cost price
= x/12 – x/16 = x/48
Profit % = (Profit/Cost price) x 100%
= 33%
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