A man bought 20 dozen eggs for 720. What should be the selling price of each egg if he wants. to make a profit of 20%?

Options

A. 3.25
B. 3.3
C. 3.5
D. 3.6

Answer

To solve the problem step by step, we will follow these calculations:

### Step 1: Calculate the Cost Price of One Egg
1. The man bought 20 dozen eggs for 720.
2. First, we need to find out how many eggs are in 20 dozen.
- 1 dozen = 12 eggs
- Therefore, 20 dozen = 20 × 12 = 240 eggs.
3. Now, we can find the cost price (CP) of one egg.
- Total cost for 20 dozen = 720
- Cost price of one egg = Total cost / Number of eggs = 720 / 240 = 3 rupees.

### Step 2: Calculate the Desired Profit
1. The man wants to make a profit of 20%.
2. To find the profit amount, we calculate 20% of the cost price of one egg.
- Profit = (20/100) × Cost Price = (20/100) × 3 = 0.6 rupees.

### Step 3: Calculate the Selling Price
1. The selling price (SP) is calculated by adding the profit to the cost price.
- Selling Price = Cost Price + Profit = 3 + 0.6 = 3.6 rupees.

### Final Answer
The selling price of each egg should be **3.6 rupees**.

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