2. A man buys eggs at 55kobo a score . he finds that 10% of the eggs are unsellable but sells the rest at 60kobo a dozen .find it’s percentage profit
Question
Question
2. A man buys eggs at 55kobo a score . he finds that 10% of the eggs are unsellable but sells the rest at 60kobo a dozen .find it’s percentage profit
Answer:
Percentage Profit is 63.63%
Step-by-step explanation:
The man buys 440 eggs at 55 pence a score
i.e. he buys 20 eggs for 55 pence
He buys 1 egg for 55/20 = 2.75 pence
Therefore, he buys 440 eggs for = 440 × 2.75 = 1210 pence
10% eggs are unsaleable
thus he sold = 440 – 440 × 10/100 = 440 – 44 = 396 eggs
Eggs sold in dozen = 396/12 = 33
He sold 1 dozen for = 60 pence
Thus, he sold 33 dozen for = 33 × 60 = 1980 pence
Profit = 1980 – 1210 = 770 pence
% Profit = (770/1210) × 100 = 63.63%
(hope this helps can i plz have brainlist 😀 hehe)