Question

Francis has 18 eggs out of which 12 eggs were sold at 10% less than the cost price. At what mark up should he sell the remaining eggs to cover his losses?

Options

• 5%

• 10%

• 15%

• 20%

Answer 1

20%

Explanation:

Let CP of 18 eggs = ₹ 18

SP of 12 egg sold at 10% loss

`=90/100xx12=₹ 10.8`

SP of remaining 6 egg should be

= 18 − 10.8 = 7.2

To cover the loss

i.e. P%`=(7.2-6)/6xx100`

`=1.2/6xx100=20%`