Mohit purchases eggs at the rate of Rs. 3 per egg and sells them at the rate of Rs. 5 per egg. On selling 35 eggs, what will be the profit percentage?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 66.66%.
| Understanding/Application |
| Profit % on selling 1 egg = Profit % on selling 35 eggs |
| Profit% = [(5 - 3) × 100]/3 = 66.66% |