a man purchases a certain number of toffees at 25 rupees and the same number at 20 a Rupee. he mixes them together and sells them at 45 for 2 rupees.what does he gain or loss percent in the transaction
Answers
First rate is 100 paise for 25 tofees and second rate is 100 paise for 20 toffees...it means 4 paise per toffee and 5 paise per toffee ...now he mix them and sells..so cost price of one mixed toffee is average of (4+5)/2=9/2...
Selling. Price of one toffee is 200/45=40/9
Ratio of cost price and selling price is (9/2)/(40/9)=81/80
We can clearly see that 1 rupee loss on the cost cost price rs81.
So percentage loss is (1/81)×100= 1,19/100
Hope it helps.
1.23 % Loss in the transaction
Step-by-step explanation:
Let say Person bought 100T toffees of each type
25 Toffees are bought in Rs 1
1 Toffee is bought in 1/25
100T toffee bought in 100T/25 = 4T Rs
20 Toffees are bought in Rs 1
1 Toffee is bought in 1/20
100T toffee bought in 100T/20 = 5T Rs
Cost Price = 4T + 5T = 9T Rs
Total toffees = 100T + 100T = 200T
45 toffees sold for = Rs 2
1 Toffee sold for = 2/45
200T toffees sold for = 200T * 2/45 = 80T/9 Rs
Loss = 9T - 80T/9 = T/9 Rs
Loss % = 100 * (T/9) / 9T = 100/81 = 1.23 % Loss
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