Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg and 40 kg of wheat at the rate of Rs. 8.50 per kg and mixed them. She sold the mixture at the rate of Rs. 8.90 per kg. Her total profit or loss in the transaction was -
A. Rs. 2 loss
B. Rs. 2 profit
C. Rs. 7 loss
D. Rs. 7 profit
Answer: Option A
Solution(By Examveda Team)
C.P. of 70 kg wheat= Rs. (30 × 9.50 + 40 × 8.50)
= Rs. (285 + 340)
= Rs. 625
S.P. of 70 kg wheat
= Rs. (70 × 8.90)
= Rs. 623
∴ Loss = Rs. (625 - 623) = Rs. 2
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
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C. Rs. 2,750
D. Rs. 2,250
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