A shopkeeper bought 300 eggs at 80 paisa each. 30 eggs were broken in transit and then he sold the remaining eggs at one rupee each. Find, his gain or loss as percent
C.P. of 300 eggs@80 Paise each
= 300×80=24000 Paise = Rs.240
No. of eggs which were broken in transaction = 30
Remaining eggs = 300-30
= 270
S.P. of eggs@ Rs. 1 each = 270 × 1 = Rs. 270 Gain = S.P. - C.P.
= Rs. 270 - Rs.240 = Rs. 30
Gain % = GainC.P.×100
= 1008% = 12.5%