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An egg seller sells his eggs only in the packs of 3 eggs, 6 eggs, 9 eggs,12 eggs etc., but the rate is not necessarily uniform. One day Raju (which is not the same egg seller) purchased at the rate of 3 eggs for a rupee and next hour he purchased equal number of eggs at the rate of 6 eggs for a rupee. Next day he sold all the eggs at the rate of 9 eggs for Rs. 2. What is his percentage profit or loss?
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- 10% loss
- 11.11% loss
- 3% loss
- 2.5% profit
Correct Option: B
CP of one egg (in first case) = 1/3 = 33.33 paise
CP of one egg (in second case) = 1/6 = 16.66 paise
Average CP of one egg = (33.33 + 16.66) / 2 = 25 paise
SP of one egg = 200/9 = 22.22 paise (Re. 1 = 100 paise)
Profit loss = {(25 - 22.22) / 25} x 100 ( loss% = {(CP - SP) / CP} x 100)
= 11.11% loss
