Difficulty: Easy
Correct Answer: 280
Explanation:
Introduction / Context:
Convert the purchase rate per dozen into a cost per egg, scale to 100 eggs, and then apply the desired 12% profit to obtain the required selling price per hundred eggs.
Given Data / Assumptions:
Concept / Approach:
Total cost for 100 eggs = 100 * 2.50. Selling price = cost * 1.12. Simple percentage gain on cost.
Step-by-Step Solution:
Cost for 100 eggs = 100 * 2.50 = ₹250Required SP = 250 * 1.12 = ₹280
Verification / Alternative check:
Profit = 280 − 250 = ₹30 which is 12% of ₹250, confirming correctness.
Why Other Options Are Wrong:
₹250 is cost; ₹300 and ₹360 overshoot the 12% target.
Common Pitfalls:
Forgetting that a dozen is 12; applying 12% to the wrong base.
Final Answer:
280
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