Mr zakir bought 3 dozen eggs from bazzar for his shops for Rs.105. During the transit four eggs were broken. he sold each egg for Rs 4. What was his ratio of profit earning.

1 answer

To determine Mr. Zakir's ratio of profit earning, we can follow these steps:

  1. Calculate the Cost Price (CP):

    • Mr. Zakir bought 3 dozen eggs.
    • 1 dozen = 12 eggs, so 3 dozen = 36 eggs.
    • The total cost for 36 eggs = Rs. 105.
  2. Calculate the Number of Eggs Sold:

    • During transit, 4 eggs were broken, so the number of eggs that were unbroken = 36 - 4 = 32 eggs.
  3. Calculate the Selling Price (SP):

    • Mr. Zakir sells each egg for Rs. 4.
    • Therefore, the total selling price for 32 eggs = 32 eggs × Rs. 4/egg = Rs. 128.
  4. Calculate the Profit:

    • Profit = Selling Price - Cost Price
    • Profit = Rs. 128 - Rs. 105 = Rs. 23.
  5. Calculate the Ratio of Profit:

    • Profit Ratio = Profit / Cost Price = Rs. 23 / Rs. 105.
    • To express this as a ratio, we simplify:
      • The ratio of profit to cost can be expressed as 23:105.
    • We can also convert this to a percentage:
      • Percentage of profit = (Profit / Cost Price) × 100 = (23 / 105) × 100 ≈ 21.90%.

Thus, the ratio of Mr. Zakir's profit earning is 23:105.