To Find the Profit % when C.P, and S.P and known (WP-4: Profit)

Adnan bought 96 eggs at the rate of Rs.40 per dozen and sold at the rate of Rs.4 per egg. Find the percentage of profit, if 3 eggs were rotten.

Given:

Cost price (C.P) of the 96 eggs (8 dozen) at rate of 

Rs.40 per dozen = Rs. (40 x 8 ) = Rs. 320

Sale price (S.P) will be of 93 eggs (bcz 3 were rotten) at the rate of Rs.4 per egg   = Rs. (93 x 4 ) = Rs. 372

To Find:

Profit % =? 

Solution:

 The equation for Profit % is

We must find the value of Gain before calculating the value of Profit %. So, Gain is 

Gain = Sale price - Cost price

Gain = Rs. 372 - Rs. 320

Gain = Rs. 52

Now 

Profit % =`\left[\frac{Rs. 52}{Rs. 320}\times100\right]\%`

Profit % =16.25% 

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