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Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of them at 2 eggs for Re 1 and the remaining at 5 eggs for Rs. 2. Find his loss or gain percent.
  • a)
    40%
  • b)
    45%
  • c)
    42%
  • d)
    46%
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of ...
Cost price of the eggs = 3.75 x 1600/ 12 = 500 Rs.
Selling Price = 900 eggs x 1/2 + 700 x 2/5 = 450 + 280 = 730 Rs
 
Profit % = (730 - 500)/500 = 230/500 = 46%
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Most Upvoted Answer
Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of ...
Calculation of Cost Price:
- Cost of 1600 eggs = 1600/12 * Rs.3.75 = Rs.500
- Cost price per egg = Rs.500 / 1600 = Rs.0.3125

Calculation of Selling Price:
- Selling price of 900 eggs sold at 2 eggs for Re 1 = 900/2 * Rs.0.50 = Rs.450
- Remaining eggs sold at 5 eggs for Rs.2, which means 5 eggs for Rs.2 or 1 egg for Rs.0.40
- Selling price of remaining eggs = (1600-900) * Rs.0.40 = Rs.280

Calculation of Profit/Loss:
- Total selling price = Rs.450 + Rs.280 = Rs.730
- Profit = Rs.730 - Rs.500 = Rs.230

Calculation of Profit Percent:
- Profit percent = (Profit / Cost Price) * 100
- Profit percent = (230 / 500) * 100 = 46%
Therefore, the correct answer is option D) 46%, indicating that Ram made a profit of 46% on the total transaction.
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Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of them at 2 eggs for Re 1 and the remaining at 5 eggs for Rs. 2. Find his loss or gain percent.a)40%b)45%c)42%d)46%Correct answer is option 'D'. Can you explain this answer?
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Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of them at 2 eggs for Re 1 and the remaining at 5 eggs for Rs. 2. Find his loss or gain percent.a)40%b)45%c)42%d)46%Correct answer is option 'D'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of them at 2 eggs for Re 1 and the remaining at 5 eggs for Rs. 2. Find his loss or gain percent.a)40%b)45%c)42%d)46%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ram bought 1600 eggs at the rate of Rs.3.75 per dozen. He sold 900 of them at 2 eggs for Re 1 and the remaining at 5 eggs for Rs. 2. Find his loss or gain percent.a)40%b)45%c)42%d)46%Correct answer is option 'D'. Can you explain this answer?.
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