A vendor bought 10 dozen eggs at the rate of Rs 22 per dozen. Six of the eggs were rotten. He sold the remaining eggs at the rate of Rs 2.50 per egg. Find his profit or loss.
Ans-65 profit
Pls help me
purchase cost = 10(22) = 220
number of eggs bought = 120
number rotten = 6
good eggs = 114
return = 114(2.5) = 285
profit = 285-220 = 65
you were correct
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Profit$65
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Thanks for explaining very nicely and deeply
Rate of 1 dozen of egg=₹22
Price of 10 dozen of egg=₹22×10
Cost price of (10×2) eggs=₹220
Rotten eggs=6
Egg left=120-6
=114
Rate of selling=₹250
Selling price of 114 eggs=₹250+114
= ₹285
Profit =selling price-cost price
=₹285-₹270
Answer=₹65
I hope it will helpful to you
To find the profit or loss made by the vendor, we need to calculate the cost price and the selling price.
First, calculate the cost price of the eggs:
Cost of 10 dozen eggs = 10 * 12 = 120 eggs
Cost per dozen = Rs 22
Cost of 120 eggs = 120/12 * Rs 22 = Rs 220
Next, calculate the cost of the rotten eggs:
Number of rotten eggs = 6
Cost of each rotten egg = Rs 22 (as all eggs were bought at the same rate)
Total cost of rotten eggs = 6 * Rs 22 = Rs 132
Now, calculate the cost of the remaining good eggs:
Cost of remaining good eggs = Total cost - Cost of rotten eggs
Cost of remaining good eggs = Rs 220 - Rs 132 = Rs 88
Finally, calculate the selling price of the remaining good eggs:
Since the vendor sold the eggs at Rs 2.50 per egg, the selling price of the remaining good eggs would be:
Selling price of remaining good eggs = Number of remaining good eggs * Selling price per egg
Selling price of remaining good eggs = 114 * Rs 2.50 = Rs 285
To find the profit or loss, we need to subtract the cost price from the selling price:
Profit or Loss = Selling price - Cost price
Profit or Loss = Rs 285 - Rs 88 = Rs 197
So, the vendor made a profit of Rs 197.