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Question

A man purchased certain no. of toffees at 25. a rupee and same no. at 20. a rupee. he mixed them together and sells them at 45 per 2 toffees. What does he gain or loss in this transaction.

A
Gain
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B
Loss
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C
No gain no loss
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D
Data incorrect
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Solution

The correct option is C No gain no loss
Cost price of first toffee per toffee =25
Cost price of second toffee per toffee =20
Cost price of Mixture =25+20=45
He sells two toffees for 45, so there is no gain or loss in the transaction.

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