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Question

Nikita bought 30 kg of wheat at the rate of Rs 4.75 per kg, 40 kg of wheat at the rate of Rs.4.25 per kg and mixed them. She sold the mixture at the rate of Rs 4.45 per kg. What was her total profit or loss in the transaction?

A
Rs. 1 loss
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B
Rs. 1 profit
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C
Rs. 3.50 loss
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D
Rs.3.50 profit
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Solution

The correct option is A Rs. 1 loss
Total Cost Price =(Amount×Price rate)

=30×4.75+40×4.25

=142.5+170=312.5 Rs

Total Selling Price of mixture = Total amount of mixture × rate of mixture

=(30+40)×4.45=311.5 Rs

Here, Selling Price < Cost Price.

So, Loss=Cost PriceSelling Price=312.5311.5=1 Rs

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