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More Detail Given: Selling price of 12 eggs is equal to the cost price of 15 eggs. To do: Here, we have to find the gain percentage. Solution: Let the cost price of 15 eggs be $a$. So, Selling price of 12 eggs $=a$ Selling price of 1 egg $=\frac{a}{12}$ Selling price of 15 eggs $=\frac{15a}{12}$ Now, Profit $=$ SP of 15 eggs $-$ CP of 15 eggs Profit$=\frac{15a}{12}-a$ Profit$=\frac{15a-12a}{12}$ Profit$=\frac{3a}{12}$ Profit$=\frac{a}{4}$ Therefore, profit % is as below, Profit %$=\frac{Profit}{CP}\times100\%$ Profit%$=\frac{\frac{a}{4}}{a}\times100\%$ Profit%$=\frac{1}{4}\times100\%$ $\mathbf{Profit\ \%\ =\ 25\ \%}$ So, the answer is 25%.
Tutorialspoint Updated on 10-Oct-2022 10:29:35
Previous Page Print Page Next Page Advertisements The sold price of $12$ eggs is equal to the cost price of $16$ eggs. Find the profit percentage.Answer Verified Hint:We will first see that the sold price is more than the cost price of the eggs and therefore we will incur a profit percentage. We will first put the statements given the question into a mathematical form. Once we have done that we will then simply find the ratio of the sold price and cost price. This ratio will ultimately help in finding the profit percentage. Once we get the values of both the selling price and the cost price we will find the profit and then divide the calculated profit and divide it by the cost price, and then find the percentage of the profit. Complete step by step answer: Hence, the profit percent is $33.33\% $. Note:The profit percent of a transaction is said to be as the profit earned per $100$ of the unit or the good which is sold. So say we earn ${\text{10}}$ for a transaction of ${\text{100}}$, our profit percentage would be $10\% $, Also remember the profit percent is always calculated on the cost price not on the selling price. Is the cost price of 12 pens is equal to the selling price of 15 pencils then the loss percentage?Hence, the loss percent is 20%.
What is the profit percentage if 12 bananas are sold at the cost price of 28 bananas?∴ The profit% of the shopkeeper is 25%.
How do you find selling price when only price is given?How to Calculate Selling Price Per Unit. Determine the total cost of all units purchased. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: Selling Price = Cost Price + Profit Margin.
How do you find selling price when price and gain rate is given?Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given ) Cost price =100×Selling Price100+Profit%( when selling price and profit % is given ) Cost price =100×Selling Price100−loss%( when selling price and loss % is given )
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