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    Mahim bought a dozen eggs for Rs 50 and sold them at a profit of 26 percent. What is the selling price of each egg?
    Question

    Mahim bought a dozen eggs for Rs 50 and sold them at a profit of 26 percent. What is the selling price of each egg?

    A.

    10 rupees

    B.

    2.5 rupees

    C.

    5.25 rupees

    D.

    4 rupees

    Correct option is C

    Given:
    Mahim bought a dozen eggs for Rs 50.
    He sold them at a profit of 26%.
    Formula Used:
    Selling Price=Cost Price×(1+Profit Percentage100)\text{Selling Price} = \text{Cost Price} \times \left(1 + \frac{\text{Profit Percentage}}{100}\right)​​
    Solution:
    Cost Price per egg = Total Cost Price of 12 eggs12=5012=4.17 Rs\frac{\text{Total Cost Price of 12 eggs}}{12} = \frac{50}{12} = 4.17 \, \text{Rs}​​

    Selling Price per egg = 4.17×(1+26100)=4.17×1.26=5.25 Rs4.17 \times \left(1 + \frac{26}{100}\right) = 4.17 \times 1.26 = 5.25 \, \text{Rs}​​
    Thus, the selling price of each egg is Rs 5.25.

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