A boy buys eggs at 18 for Rs. 16 and sells them at 22 for Rs. 20. Find his gain or loss percent?
Explanation:
CP : 18 eggs for Rs. 16
⇒ 1 egg for Rs. 16/18
SP : 22 egg for Rs. 20
⇒ 1 egg for Rs. 20/22
= 2022-1618/1618×100
= 180-176198/1618×100
= 4198×1816×100 = 144×100 = 2311
Hence, option (b).
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