ExamVeda
Login
Home

Nikita bought 30 kg of wheat at the rate of Rs...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

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 -

Answer & Solution
Correct Answer: Option A
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
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Profit and Loss

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A. 45 : 56 B. 45 : 51 C. 47 : 56 D. 47 : 51
By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:
A. Rs. 2600 B. Rs. 2700 C. Rs. 2800 D. Rs. 3000
A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:
A. A neither losses nor gains B. A makes a profit of 11% C. A makes a profit of 20% D. B loses 20%
A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was:
A. Rs. 3,750 B. Rs. 3,250 C. Rs. 2,750 D. Rs. 2,250
More Related Questions on Profit and Loss