Question

The selling price of 12 eggs is equal to the cost of 15 eggs find the gain percentage?

Answer 1

Given:

The selling price of 12 eggs is equal to the cost of 15 eggs.

To find:

The gain percentage.

Step-by-step explanation:

Let us assume the cost price of 1 egg is $1.

So, the cost price of 15 eggs is $15.

According to the problem,

The selling price of 12 eggs is $15.

So, the selling price of 1 egg is,

`(15)/(12)=\text{ \$}1.25`

Then, the gain percentage is,

`\begin{gathered} P\%=\frac{Selling\text{ price-Cost price}}{Cost\text{ price}}*100 \\ =(1.25-1)/(1)*100 \\ =0.25*100 \\ =25\% \end{gathered}`

Therefore, the gain percentage is 25%.

Final answer:

The gain percentage is 25%.