ssccglapex

An egg seller sells his eggs only in the packs of 3 eggs, 6 eggs, 9 eggs, 12 eggs etc., but the rate is not necessarily uniform. One day Raju (which is not the same egg seller) purchased at the rate of 3 eggs for a rupee and the next hour he purchased equal number of eggs at the rate of 6 eggs for a rupee. Next day he sold all the eggs at the rate of 9 eggs for Rs. 2. What is his percentage profit or loss?

A. 10% loss B. 11.11% loss C. 3% loss D. 2.5% profit Answer: Option B
Show Answer

Solution(By Apex Team)

While buying, $\begin{array}{l}\text{CP of one egg in 1st case}\\ =\frac{1}{3}=33.33\ \text{paise}\\ \text{CP of one egg in 2nd case}\\ =\frac{1}{6}=16.66\ \text{paise}\\ \text{Average CP}\\ =\frac{33.33+16.66}{2}\\ =25\ \text{paise}\\ \text{Selling price of 9 eggs}\\ \text{= 2 Rs.}\\ \text{SP of one egg}\\ =\frac{200}{9}\\ \text{Profit or loss}\\ =\frac{\left(25-\frac{200}{9}\right)\times100}{25}\\ =\text{Profit or Loss}\\ =11.11\ \text{(loss)}\end{array}$

Related Questions on Profit and Loss


A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
Show Answer

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
Show Answer

A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
Show Answer

A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.

A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
Show Answer



More Related Questions on Profit and Loss

Leave a Reply