Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg of wheat and the same amount of wheat at the rate 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. 6 loss
D. Rs. 6 profit
Answer: Option C
Solution(By Examveda Team)
According to the questionCost Price
= 30 × 9.50 + 30 × 8.50
= 30[9.50 + 8.50]
= 30 × 18
= Rs. 540
Selling Price
= 60 × 8.90
= Rs. 534
Loss = Cost price - Selling price
= 540 - 534
= Rs. 6
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%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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