Answer :
Sure! Let's go through the question and determine whether there is a profit or not, step-by-step:
1. Cost Price Calculation:
- The cost price (C.P.) of 12 eggs is Rs. 960.
- To find the cost price per egg, we divide the total cost by the number of eggs:
[tex]\( \text{C.P. per egg} = \frac{960}{12} = 80 \)[/tex]
So, each egg costs Rs. 80.
2. Selling Price Calculation:
- The selling price (S.P.) of 20 eggs is Rs. 18.
- To find the selling price per egg, we divide the total selling price by the number of eggs:
[tex]\( \text{S.P. per egg} = \frac{18}{20} = 0.9 \)[/tex]
So, each egg is sold for Rs. 0.9.
3. Profit or Loss Calculation:
- Compare the selling price per egg with the cost price per egg.
- The cost price per egg is Rs. 80, which is much higher than the selling price per egg, which is Rs. 0.9.
4. Conclusion:
- Since the selling price per egg is less than the cost price per egg, it results in a loss.
- Hence, there is no profit in this transaction.
This step-by-step explanation outlines the process of comparing the cost price and selling price per egg to determine whether there is a profit or loss in the transaction.
1. Cost Price Calculation:
- The cost price (C.P.) of 12 eggs is Rs. 960.
- To find the cost price per egg, we divide the total cost by the number of eggs:
[tex]\( \text{C.P. per egg} = \frac{960}{12} = 80 \)[/tex]
So, each egg costs Rs. 80.
2. Selling Price Calculation:
- The selling price (S.P.) of 20 eggs is Rs. 18.
- To find the selling price per egg, we divide the total selling price by the number of eggs:
[tex]\( \text{S.P. per egg} = \frac{18}{20} = 0.9 \)[/tex]
So, each egg is sold for Rs. 0.9.
3. Profit or Loss Calculation:
- Compare the selling price per egg with the cost price per egg.
- The cost price per egg is Rs. 80, which is much higher than the selling price per egg, which is Rs. 0.9.
4. Conclusion:
- Since the selling price per egg is less than the cost price per egg, it results in a loss.
- Hence, there is no profit in this transaction.
This step-by-step explanation outlines the process of comparing the cost price and selling price per egg to determine whether there is a profit or loss in the transaction.