Question

A person buys 12 eggs for Rs 15 and sells them at 10 for Rs 14. what does he gain or lose percent ?

Answer 1

Cost price per egg $=\frac{15}{12}=Rs.1.25$
Selling price per egg $=\frac{14}{10}=RS.1.40$

S.P>C.P
$\therefore Gain=1.40-1.25=Rs.0.15$
gain%$=\frac{.15}{1.25}\times 100=12$%