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 :

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INSURANCE EXAMS (NICL) 2013 click here to view all questions

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% Nithin ? answered Aug 11 '2022 at 8:54 All Comments

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