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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 percent is: -

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Question

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 percent is:   

Options

  • 40%

  • 45%

  • 42%

  • 46%

MCQ

Solution

46%

Explanation:

∵ C.P. of 12 eggs = Rs. 3.75

∴ C.P. of 1600 eggs

= `(3.75 xx 1600)/12`

= Rs. 500

S.P. of 900 eggs = `1/2 xx 900`

= Rs. 450

S.P. of remaining 700 eggs 

= `2/5 xx 700`

= Rs. 280

Total S.P. = 450 + 280 = Rs. 730

Gain = 730 − 500 = Rs. 230

Gain percent = `230/500 xx 100`

= 46% 

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Simple and Compound Interest (Entrance Exam)
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