Question 87

Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of them at 2 eggs for Re 1 and the remaining at 5 eggs for Rs. 2. Find his loss or gain percent.

Solution

Cost price of the eggs = 3.75 x 1600/ 12 = 500 Rs.

Selling Price = 900 eggs x 1/2 + 700 x 2/5 = 450 + 280 = 730 Rs

Profit % = (730 - 500)/500 = 230/500 = 46%

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