Question

A dealer buys eggs at Rs. 72 per gross. He sells the eggs at a profit of 6.25% on the cost price. What is the selling price per egg (approximately)?

Answer 1

The selling price per egg is approximately Rs. 0.53.

Step-by-step explanation:

To find the selling price per egg, we need to calculate the cost price per egg and then add the profit percentage to it.

1 gross = 144 eggs

Cost price per gross = Rs. 72

Cost price per egg = Rs. 72 / 144 = Rs. 0.50

Profit percentage = 6.25%

Profit per egg = cost price per egg * profit percentage = Rs. 0.50 * 0.0625 = Rs. 0.03125

Selling price per egg = cost price per egg + profit per egg = Rs. 0.50 + Rs. 0.03125 = Rs. 0.53125

Therefore, the selling price per egg is approximately Rs. 0.53.