Ram bought 1600 eggs at Rs. 3.75 per dozen. He sold 900 of them at 2 for Re 1 and the remaining at 5 for Rs. 2. His gain per cent is :
Ram bought 1600 eggs at Rs.3.75 per dozen. He sold 900 of them at 2 for Re.1 and the remaining at 5 for Rs.2. His gain per cent is:
A40%
B45%
C42%
D46%
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Correct answer is: 46%
Explanation:
C.P. of 12 eggs = Rs.3.75
Therefore, C.P. of 1600 eggs\(=\Large \frac{3.75 \times 1600}{12} = \text{= Rs. 500}\)
\(\text{S.P. of 900 eggs = }\Large \frac{1}{2} \times 900 = \text{Rs 450}\)
S.P. of remaining 700 eggs
\(= \Large \frac{2}{5} \times 700 = \text{Rs 280}\)
Total S.P. = 450 + 280 = Rs.730
Gain = 730 - 500 = Rs.230
Gain percent = \(\Large \frac{230}{500} \times 100\)
= 46%
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