A person buys 12 eggs for Rs 15 and sells them at 10 for Rs 14. what does he gain or lose percent ?

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Solution

Cost price per egg $= \frac{15}{12} = R s . 1.25$
Selling price per egg $= \frac{14}{10} = R S . 1.40$
S.P>C.P
$∴ G a i n = 1.40 - 1.25 = R s . 0.15$
gain% $= \frac{.15}{1.25} \times 100 = 12$ %

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