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Profit, Loss & Discount · Question 31 of 72

Question 31

HardOriginal question

A shopkeeper buys 200 eggs at ₹6 each and pays ₹60 to bring them to his shop. On the way, 20 eggs break. At what price must he sell each remaining egg to make a 20% profit on his total outlay?

Options for question 31

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Total cost = 200 × ₹6 + ₹60 = ₹1,260.

  2. Required SP = 1.2 × ₹1,260 = ₹1,512.

  3. Eggs left to sell = 200−20=180200 - 20 = 180.

  4. Price per egg = ₹1,512 ÷ 180 = ₹8.40.

Worth noting

₹7.56 spreads the takings over all 200 eggs, but the broken ones cannot be sold. ₹8.00 forgets the ₹60 transport cost.

Concept
Target profit with overheads and wastage
Typical time
110 s
Your time
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The rule this testsProfit and loss
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