A man bought 20 dozen eggs for $ 720. What should be the

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A man bought 20 dozen eggs for $ 720. What should be the selling price of each egg if he wants to make a profit of 20 %?

Given in question , CP of 20 dozen eggs = $ 720

CP of 1 egg =	720	= $ 3
	20 × 12

at 20 % profit ,

∴ Required SP of 1 egg = CP ×	100 + Profit %
	100

Required SP of 1 egg = 3 ×	120	= $ 3.60
	100