Question

Bijni bought 30 Kg. corn at the rate of Rs. 9.5 per Kg. and 45 Kg. of wheat at the rate Rs. 10.5 per Kg. and mixed them up. She sold the mixture at the rate of Rs. 10 per Kg. Her profit or loss percentage after the transactions is:

• A. 4.45%
• B. 6.54%
• C. 7.59%
• D. No profit or loss
• E. None of the above

Answer 1

The correct option is E None of the above

Total cost $=30\times 9.5+45\times 10.5=757.5$
Total income $=75\times 10=750$
Loss percentage $=\frac{750-757.5}{757.5}\times 100=-0.99\%$
(The negative sign indicates loss)