Home
Class 14
MATHS
Mohit purchases eggs at the rate of ₹ 3 ...

Mohit purchases eggs at the rate of ₹ 3 per egg and sells them at the rate of ₹ 5 per egg. On selling 35 eggs, what will be the profit percentage?

A

`33.33%`

B

`40% `

C

` 60% `

D

`66.66% `

Text Solution

AI Generated Solution

The correct Answer is:
To find the profit percentage for Mohit when he sells eggs, we can follow these steps: ### Step 1: Determine the Cost Price (CP) and Selling Price (SP) per egg. - Cost Price (CP) per egg = ₹3 - Selling Price (SP) per egg = ₹5 ### Step 2: Calculate the Profit per egg. - Profit per egg = Selling Price - Cost Price - Profit per egg = ₹5 - ₹3 = ₹2 ### Step 3: Calculate the Total Profit for 35 eggs. - Total Profit = Profit per egg × Number of eggs sold - Total Profit = ₹2 × 35 = ₹70 ### Step 4: Calculate the Total Cost Price for 35 eggs. - Total Cost Price = Cost Price per egg × Number of eggs sold - Total Cost Price = ₹3 × 35 = ₹105 ### Step 5: Calculate the Profit Percentage. - Profit Percentage = (Total Profit / Total Cost Price) × 100 - Profit Percentage = (₹70 / ₹105) × 100 ### Step 6: Simplify the Profit Percentage calculation. - Profit Percentage = (70 / 105) × 100 - Profit Percentage = (2 / 3) × 100 - Profit Percentage = 66.66% ### Final Answer: The profit percentage when Mohit sells the eggs is **66.66%**. ---
Promotional Banner