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A shopkeeper buys 100 eggs at ₹ 1.20 per...

A shopkeeper buys 100 eggs at ₹ 1.20 per piece. Unfortunately 4 eggs got spoiled during transportation. The shopkeeper sells the remaining eggs at ₹ 15 a dozen. Find his profit or loss.

A

profit Rs 2

B

loss Rs 2

C

loss Rs 3

D

no profit no loss

Text Solution

Verified by Experts

Cost price of all eggs `=₹100xx 1.2=₹120` Selling price of one egg `=15/12=₹1.25therefore` Selling price of 96 eggs `=96xx15/12=₹120`
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