If eggs are bought 12 for Rs. 10 and sold at | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(B) Cost Price $(CP)$ of $12$ eggs = $Rs. 10$.Selling Price $(SP)$ of $10$ eggs = $Rs. 12$.To find the profit or loss percentage,we make the number of

Vedclass · Accepted Answer

$44 \%$ gain

Vedclass · Answer

(B) Cost Price $(CP)$ of $12$ eggs = $Rs. 10$.Selling Price $(SP)$ of $10$ eggs = $Rs. 12$.To find the profit or loss percentage,we make the number of eggs equal.$CP$ of $60$ eggs ($LCM$ of $12$ and $10$) = $\frac{10}{12} 	imes 60 = Rs. 50$.$SP$ of $60$ eggs = $\frac{12}{10} 	imes 60 = Rs. 72$.Since $SP > CP$,there is a profit.Profit = $SP - CP = 72 - 50 = Rs. 22$.Profit $\% = \left(\frac{	ext{Profit}}{CP}ight) 	imes 100 = \left(\frac{22}{50}ight) 	imes 100 = 44 \%$.Thus,there is a $44 \%$ gain.

If eggs are bought $12$ for $Rs. 10$ and sold at $10$ for $Rs. 12$,what is the gain or loss $\%$?

Similar Questions

When Ram sold his book for $Rs. 255$,he made a loss of $15\%$. For how much should he have sold it if he wanted to make a profit of $5\%$?

$A$ manufacturer fixes his selling price at $33 \%$ over the cost of production. If the cost of production goes up by $12 \%$ and the manufacturer raises his selling price by $10 \%$,what is his new percentage profit?

Ram sells an article to Girish at a gain of $20 \%$,Girish sells it to Sanjay at a gain of $10 \%$,and Sanjay sells it to Aditya at a gain of $12 \frac{1}{2} \%$. If Aditya pays $Rs. 59.40$,what did it cost Ram in $Rs.$?

$20 \%$ loss on selling price is what per cent loss on the cost price? (in $\%$)

Find $CP$ when $SP = Rs. 40.60$ and $\text{gain} = 16\%$.

Vedclass Test Series

Exam Paper Generator

Online Exam Module