From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 30

1.	From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?
Answer» Cost price of 400 eggs = Rs 1500 Transportation cost = Rs 300 ∴ Total cost price of 400 eggs = Cost price of 400 eggs + Transportation cost = 1500 + 300 = Rs 1800 50 eggs fell and broke ∴ Remaining eggs = 400 – 50 = 350 Selling price of 1 egg = Rs 5 ∴ Selling price of 350 eggs = 5 x 350 = Rs 1750 Total cost price is greater than the selling price. ∴ Santosh suffered a loss. Loss = Total cost price – Selling price = 1800 – 1750 = Rs 50 ∴ Santosh incurred a loss of Rs 50.

From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?

Answer»

Cost price of 400 eggs = Rs 1500

Transportation cost = Rs 300

∴ Total cost price of 400 eggs = Cost price of 400 eggs + Transportation cost

= 1500 + 300 = Rs 1800

50 eggs fell and broke

∴ Remaining eggs = 400 – 50 = 350

Selling price of 1 egg = Rs 5

∴ Selling price of 350 eggs = 5 x 350 = Rs 1750

Total cost price is greater than the selling price.

∴ Santosh suffered a loss. Loss = Total cost price – Selling price

= 1800 – 1750

= Rs 50

∴ Santosh incurred a loss of Rs 50.

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From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?

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