A shopkeeper purchased 510 eggs at the rate of Rs 20/dozen. 30 eggs were broken on the way. In order to make a gain of 20%. Find the rate at which he must sell the remaining eggs.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. Rs. 25.50/dozen.
Cost of 510 eggs = 20/12 × 510 = Rs 850
To make 20% profit,
He must sell all the eggs at price = 850 × 120/100 = Rs 1020
30 eggs were broken:
He must sell 480 eggs at price = 1020/480 × 12 = Rs 25.50/dozen