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Question
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%`
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