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A shop-keeper bought 300 eggs at 80 paise each. 30 eggs were broken in a transaction and then he sold the remaining eggs at one rupee each. Find, his gain or loss as a percent. - Mathematics

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Sum

A shop-keeper bought 300 eggs at 80 paise each. 30 eggs were broken in a transaction and then he sold the remaining eggs at one rupee each. Find, his gain or loss as a percent.

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Solution

C.P. of 300 eggs @ 80 paise each

= 300 × 80 = 24000 paise = Rs.240

No. of eggs which were broken in transaction = 30

Remaining eggs = 300 − 30

= 270

S.P. of eggs @ Rs.1 each = 270 × 1= Rs.270

Gain = S.P. − C.P.

= Rs.270 − Rs.240 = Rs.30

Gain% =`"Gain"/"C.P."xx100`

`=30/240xx100`

`=100/8%=12.5%`

Concept: Concept of Discount
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APPEARS IN

Selina Concise Mathematics Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (A) | Q 13 | Page 90
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