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.