Question

a grocer purchase 5 dozenegg at rs 12 each.10 eggs are broken and he sold remaining at rs 14 each (i)his total loss or profit find profit or loss percent. ​

Answer 1

• Approximately 3% loss

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Number of eggs purchased:

• 5*12 = 60

Cost of eggs:

• 60*12 = 720

Number of eggs sold:

• 60 - 10 = 50

Money made:

• 50*14 = 700

Profit or loss?

• Cost (Rs 720) is greater than money made (Rs 700), so this is a loss

Percent loss:

• (720 - 700) / 720 × 100% =
• 20/720 × 100% =
• ≈ 3%