A shopkeeper mixed two varieties of tea. He mixed 2kg of the rate Rs. 150 per kg and other 3 kg of the rate of Rs. 120oer kg. He sells Rs. 180 per kg. Find his loss/gain on sell of mixer of tea.
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1st variety = 2 x 150 = 300 rs
2nd variety = 3 x 120 = 360 rs
Total kgs of tea he bought = 2 + 3 = 5
Total CP = 300 + 360 = 660 rs
SP = 180 x 5 = 900 rs (180 per kg)
CP = 660
SP = 900
it's a profit since SP > CP
Profit = SP - CP = 900 - 660 = 240
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