The selling price of 20 eggs is equal to the cost price of 30 eggs find the gain percent

The cost price of 18 eggs is equal to the selling price of 14 eggs. Find the profit or loss percent.

1. 14.28
2. 28.57
3. 16.67
4. 22.22

Answer (Detailed Solution Below)

Option 2 : 28.57

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CT 1: Growth and Development - 1

10 Questions 10 Marks 10 Mins

Given:

Cost price of 18 eggs = Selling price of 14 eggs

Formula used:

Profit % = [(SP – CP)/CP] × 100

Loss % = [(CP – SP)/CP] × 100

Calculations:

Let the cost price of each egg be Re. 1

Cost price of 14 eggs = Rs. 14

Selling price of 14 eggs = Rs. 18

Profit % = (4/14) × 100

⇒ 28.57%

∴ The profit percent is 28.57%

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If the cost price of 18 eggs is equal to the selling price of 16 eggs, find his gain or loss per cent

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Solution

Let the Cost Price of 1 item = Re. 1 Cost Price of 16 items = 16 Selling Price of 16 items = 18 Gain = 18 - 16= Rs 2 Gain % = (2/16)* 100 = 12.5%

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2 Answers

Ujjwal Kakar Grade 10

Let X be the CP

Profit per cent is (SP - CP)/CP * 100
(X/20) - (X/30) /X *100 * 30=50%

Ram Oraon Grade 9

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