The cost of 100 eggs equals the selling price of 80 eggs. What is the percentage profit? About the author Eva

Step-by-step explanation: Cost price of 1 egg = x Cost price of 100 eggs = 100x Cost price of 100 eggs = Selling Price of 80 eggs = 100x Cost price of 80 eggs = 80x We can see Selling Price of 80 eggs is greater than Cost price of 80 eggs Therfore, profit is incurred [tex]profit\% = \frac{profit}{cost \: price} \times 100[/tex] [tex]profit\% = \frac{(selling \: price – cost \: price)}{cost \: price} \times 100[/tex] [tex] = \frac{(100x – 80x)}{80x} \times 100[/tex] [tex] = \frac{20x}{80x} \times 100[/tex] [tex] = \frac{1}{4} \times100[/tex] [tex] = 25\%[/tex] Reply

Step-by-step explanation:Cost price of 1 egg = x

Cost price of 100 eggs = 100x

Cost price of 100 eggs = Selling Price of 80 eggs = 100x

Cost price of 80 eggs = 80x

## We can see Selling Price of 80 eggs is greater than Cost price of 80 eggs

## Therfore, profit is incurred

[tex]profit\% = \frac{profit}{cost \: price} \times 100[/tex]

[tex]profit\% = \frac{(selling \: price – cost \: price)}{cost \: price} \times 100[/tex]

[tex] = \frac{(100x – 80x)}{80x} \times 100[/tex]

[tex] = \frac{20x}{80x} \times 100[/tex]

[tex] = \frac{1}{4} \times100[/tex]

[tex] = 25\%[/tex]