A man sold 10 eggs for one rupee and thus gained 20% profit. How many eggs did he buy for Re. 1?
Question and options
A man sold 10 eggs for one rupee and thus gained 20% profit. How many eggs did he buy for Re. 1?
- 12
- 14
- 10
- 15
Answer and explanation
Correct answer: A - 12
Selling 10 eggs for Re 1 gives a selling price of Re 0.10 per egg. With a 20% profit, cost price = = Re per egg, so he bought 12 eggs for Re 1.
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CUSAT CAT Integrated IPR Ph.D.
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