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The percentage profit made on the eggs is 56.25%
Data;
- Cost price = 80c
- Number of eggs = 1 dozen = 12 eggs
- Selling price = R15
This is the ratio between the profit to the cost price multiplied by 100.
But 1 R = 100 cents
15 R = x
The Cost price for 1 dozen is
The cost price of the eggs is 960c
The percentage profit here will be
The percentage profit made on the eggs is 56.25%
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