Question

A dozen of eggs was brought at N2000. If each egg was sold at N60, find the profit or loss

Answer 1

A dozen = 12

Multiply the prices they were sold for by 12:

12 x 60 = 720

By selling the 12 eggs they made 720

Since they bought it for 2000 they lost money.

2000 - 720 = 1280 loss