ABC26GN2615 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2006 · Marks: · Difficulty:

A shopkeeper buys 144 eggs at 90 paise each. On the way 20 eggs were broken. He sold the remaining eggs at ₹ 1.20 each. The percentage gain or loss is
(a)4.8\% loss
(b)8.5\% loss
(c)12.9\% gain
(d)14.8\% gain
Answer
Answer (as printed): D
Explanation
Total C.P. $=₹(144 \times 0.90)=₹ 129.60$. Total S.P. $=₹(124 \times 1.20)=₹ 148.80$. Gain $=₹(148.80-129.60)=₹ 19.20$. ∴ Gain $\%=\left(\frac{19.20}{129.60} \times 100\right) \%=14.81 \%$.

Explanation as extracted from the printed page; notation may be imperfect.

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