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The sold price of 12 eggs is equal to cost price of 16 eggs. Find the profit percentage |
Answer» ⠀⠀ıllıllı uoᴉʇnloS ıllıllıLet selling price of 12 eggs = x Then the COST price of 16 eggs = x The selling price of 1 egg = x/12 Therefore: The cost price of 1 egg = x/16 We know that:
Therefore: The PROFIT = Selling price - Cost price = x/12 - x/16 = x/48 Profit % = (Profit/Cost price) x 100%
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