Asked by ABC
Arid buys 2750 eggs For $100 and loses 350 of those .If he sells the remaining eggs at 70percents/dozen,what percent of his original investment is his profit?
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Answered by
Steve
I assume that "70percents/dozen" means "70 cents per dozen." If so, he sold 2400 = 200 dozen at that price. So, his % profit is
((200*.70)-100)/100 = 40%
((200*.70)-100)/100 = 40%
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