Nikita bought 30 kg of wheat at the rate of Rs4.75 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 Rs4.45 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×Pricerate)
=30×4.75+40×4.25
=142.5+170=312.5Rs
Total Selling Price of mixture = Total amount of mixture × rate of mixture