Difficulty: Medium
Correct Answer: 11.11% loss
Explanation:
Introduction / Context:
When quantities are equal but rates differ, compute the average cost per egg weighted by the equal quantities. Then compare with the unified selling rate to evaluate overall profit or loss as a percentage of total cost.
Given Data / Assumptions:
Concept / Approach:
Total cost = q * (1/3) + q * (1/6) = (1/2) * q rupee. Total eggs = 2q. Total revenue = 2q * (2/9) = (4/9) * q rupee. Percentage profit or loss = (Revenue − Cost) / Cost * 100.
Step-by-Step Solution:
Cost = 0.5 qRevenue = (4/9) q ≈ 0.444... qLoss = Cost − Revenue = (0.5 − 4/9) q = (1/18) qLoss% = ( (1/18) q ) / (0.5 q) * 100 = (1/18) / (1/2) * 100 = (2/18) * 100 = 11.11% loss
Verification / Alternative check:
Choose q = 18 eggs each (36 total): cost = 9; revenue = 8; loss = 1 ⇒ 1/9 of cost = 11.11%.
Why Other Options Are Wrong:
10% and 3% loss miscompute averages; 2.5% profit is wrong direction; no-profit is incorrect since revenue < cost.
Common Pitfalls:
Taking simple mean of rates or averaging rupee amounts without holding quantity fixed.
Final Answer:
11.11% loss
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