A shopkeeper bought 15 dozens of eggs at ₹50 per dozen. He sold 10 dozens at ₹60 per dozen and the remaining eggs at ₹45 per dozen. What is his total profit or loss?
Show answer & explanation
Correct answer: B
Explanation
Total Cost Price
15 dozen × ₹50
15 × 50 = 750
Total Cost Price = ₹750
Selling Price of 10 dozen eggs
10 × 60 = 600
Remaining eggs
Total = 15 dozen
Sold = 10 dozen
Remaining = 5 dozen
5 × 45 = 225
Total Selling Price
600 + 225 = 825
Profit
825 − 750 = 75
Final Answer: A profit of ₹75