Anil bought 100 eggs at Rs. 6 per egg. He sold 25 eggs at 10% profit, another 25 eggs at 25% loss and the balance 50 eggs at 20% profit. Fi… — Answer & Discussion

Anil bought 100 eggs at Rs. 6 per egg. He sold 25 eggs at 10% profit, another 25 eggs at 25% loss and the balance 50 eggs at 20% profit. Find the overall profit or loss percent Anil made.

A6.25% loss
B6.25% profit
C8% profit
D12% loss

Answer not set

Join the discussion Report an error

Discussion 1

CCommunity06 Jun 2019

Total cost price = 6 × 100 = Rs. 600

Now, 25 eggs are sold at 10% profit,

⇒ Selling price of 1 egg = 6 + 10% of 6 = Rs. 6.6

⇒ Selling price of 25 eggs = 6.6 × 25 = Rs. 165

Also, 25 eggs are sold at 25% loss,

⇒ Selling price of 1 egg = 6 - 25% of 6 = Rs. 4.5

⇒ Selling price of 25 eggs = 4.5 × 25 = Rs. 112.5

Now, 50 eggs were sold at 20% profit,

⇒ Selling price of 1 egg = 6 + 20% of 6 = Rs. 7.2

⇒ Selling price of 50 eggs = 7.2 × 50 = Rs. 360

⇒ Total selling price = 165 + 112.5 + 360 = Rs. 637.5

⇒ Profit % = {(selling price - cost price)/cost price} × 100

⇒ Profit % = {(637.5 - 600)/600} × 100 = 6.25%