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CLAT CLAT Solved Paper-2011

  • question_answer
    Francis has 18 eggs out of which 12 eggs were sold at 10% loss than the cost price. At what mark up should he sell the remaining eggs to cover his losses?

    A)  5%                             

    B)  10%

    C)  15%                           

    D)  20%

    Correct Answer: D

    Solution :

    Ans.   Let cost price of 18 eggs be Rs x.             Then, cost price of 12 eggs \[=\frac{x}{18}\times 12\]             Selling price of 12 eggs \[=\frac{x}{18}\times 12\times \frac{90}{100}\] and selling price of remaining eggs \[=x-x\]\[=0.4x\]             Profit in remaining eggs \[=x-\frac{x}{18}\times 6\]\[=0.4x-0.33x=0.07x\]             Profit percentage on remaining eggs\[=\frac{0.07\times 100}{0.33}\approx 20%\]


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