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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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