Multiple choice

Ajay buys 6 dozen eggs for Rs 10.80, and 12 eggs are found rotten and the rest are sold at 5 eggs per rupee. Find his percentage gain or loss?

  1. 11 1/9 % gain

  2. 11 1/9 % loss

  3. 9 1/11 % gain

  4. 10 1/9% loss

  5. 9 1/11 % loss
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost of 72 eggs (6 dozen) = 10.80. Cost per egg = 10.80 / 72 = 0.15. Rotten eggs = 12, remaining = 60. Sold at 5 eggs per rupee, so 60 eggs sold for 12 rupees. Gain = 12 - 10.80 = 1.20. Gain % = (1.20 / 10.80) * 100 = 100/9 = 11 1/9%.

AI explanation

Ajay buys a total of 6 dozen (72) eggs for Rs. 10.80. After removing the 12 rotten eggs, he has 60 eggs left to sell. At a rate of 5 eggs per rupee, the selling price for the 60 eggs is 60 / 5 = Rs. 12. Using the profit formula, his gain is ((12 - 10.80) / 10.80) * 100 = (1.20 / 10.80) * 100. This simplifies to 100/9 percent, which equals an 11 1/9 % gain.

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