A man buys eggs at 4.50 per crate of 30 eggs.he finds that 20percent of the eggs are broken but sells the rest at GHc3.00 dozen.find his percentage profit to the nearest whole number
The man buys a crate of 30 eggs for GHc4.50. This means the cost of each egg is GHc4.50/30 = GHc0.15.
However, 20% of the eggs are broken, which means 20/100 * 30 = 6 eggs are broken.
So the man has 30 - 6 = 24 good eggs, which he sells at GHc3.00 per dozen.
Since there are 12 eggs in a dozen, the man has 24/12 = 2 dozens of eggs.
He sells the two dozens for a total of 2 * GHc3.00 = GHc6.00.
The cost of buying the 30 eggs is GHc0.15 * 30 = GHc4.50.
Therefore, the man makes a profit of GHc6.00 - GHc4.50 = GHc1.50.
To find the percentage profit, divide the profit by the cost and multiply by 100:
(1.50 / 4.50) * 100 = 33.33.
Therefore, his percentage profit to the nearest whole number is 33%.