document.write( "Question 1183049: A shopkeeper buys eggs in boxes of 60 for $1800. He sells them at $540 per dozen. Did he make a profit or loss? What was the profit or loss as a percentage of the cost price?\r
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Algebra.Com's Answer #813201 by ikleyn(52781) $\"\"$ $\"About$

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\n" ); document.write( "A shopkeeper buys eggs in boxes of 60 for $1800. He sells them at $540 per dozen.
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\n" ); document.write( "(b) What was the profit or loss as a percentage of the $\"highlight%28cross%28cost%29%29\"$ BUYING $\"highlight%28cross%28price%29%29\"$ COST?
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document.write( "Profit = selling cost - buying cost.\r\n" );
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document.write( "Buying cost of 60 eggs is  $1800  (given).\r\n" );
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document.write( "Selling  cost of 60 eggs is, according to the problem,   = 540*5 = $2700.\r\n" );
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document.write( "Profit = $2700 - $1800 = $900.    So, the seller makes a profit.\r\n" );
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document.write( "The profit as a percentage to the buying cost is   = 50%.\r\n" );
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