Nikita bought 30 kg of wheat at the rate of ₹ 9.50 per kg and 40 kg of wheat at the rate of ₹ 8.50 per kg and mixed them. She sold the mixture at ₹ 8.90 per kg. Then total profit or loss in the transaction was: *
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Correct Answer:
A) Rs. 2 loss
Description for Correct answer:
According to the question,
CP of the Mixture=30×9.5+40×8.5
=285+340=Rs.625
SP of the Mixture=8.90×70=Rs.623
loss = CP -SP
loss = 625-623= Rs. 2
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