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The selling price of 12 eggs is equal to the cost price of 15 eggs. Find the gain per cent.
Given:
Selling price of 12 eggs is equal to the cost price of 15 eggs.
To do:
Here, we have to find the gain percentage.
Solution:
Let the cost price of 15 eggs be $a$.
So,
Selling price of 12 eggs $=a$
Selling price of 1 egg $=\frac{a}{12}$
Selling price of 15 eggs $=\frac{15a}{12}$
Now,
Profit $=$ SP of 15 eggs $-$ CP of 15 eggs
Profit$=\frac{15a}{12}-a$
Profit$=\frac{15a-12a}{12}$
Profit$=\frac{3a}{12}$
Profit$=\frac{a}{4}$
Therefore, profit % is as below,
Profit %$=\frac{Profit}{CP}\times100\%$
Profit%$=\frac{\frac{a}{4}}{a}\times100\%$
Profit%$=\frac{1}{4}\times100\%$
$\mathbf{Profit\ \%\ =\ 25\ \%}$
So, the answer is 25%.
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