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Question

a vendor bought 16 dozen eggs at the rate of rs20 per dozen. six of them were rotten . he sold the remaining at the rate of rs 2 per egg. find his profit or loss %

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Solution

Cost of 1 dozen eggs = Rs 20So, cost of 16 dozen eggs = Rs 20 × 16 = Rs 320Cost of 192 eggs = Rs 320 as, 1 dozen eggs = 12 eggsNumber of rotten eggs = 6Number of eggs to be sold = 192 - 6 = 186Now, SP of 1 egg = Rs 2SP of 186 eggs = Rs 186×2 = Rs 372So, there is a profit for vendor as total SP > total CP.Profit = SP - CP = 372 - 320 = Rs 52Profit% = ProfitCP×100%=52320×100%=16.25%

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