Niyamotchacha has bought 150 eggs at the rate of Rs. 5 each. But after bringing to the shop, he saw that 8 eggs are broken and 7 eggs are rotten. If he sells each egg at Rs. 6, then what will be the profit/loss percentage of Niyamotchacha — let us calculate and write.
Formula used.
Loss/profit percent =
× 100
Cost price of 1 egg = Rs. 5
Cost price of 150 egg = Rs. 5×150 = Rs. 750
If 8 eggs are broken and 7 eggs are rotten
Remaining eggs are 150 – 8 – 7=135
Selling price of 1 egg = Rs. 6
Selling price of 135 eggs= Rs. 6×135 = Rs. 810
Profit = Selling price – Cost price
= Rs. 810 – Rs. 750
= Rs. 60
profit percent =
× 100%
=
× 100%
= 8 %
Couldn't generate an explanation.
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