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Profit and Loss
Balu bought 25 kg. of wheat at Rs. 7.00 per kg. and 35 kg. of wheat at Rs. 6.00. He mixed the two and sold the mixture at the rate of Rs. 7.50 per kg. What was his gain or loss in this business?
a) Loss of Rs. 65
b) Profit Rs. 80
c) Profit Rs. 65
d) Loss of Rs. 80
Read Solution (Total 1)
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- Option C profit Rs.65
Cp of wheat=25*7+35*6=385
SP of wheat=60*7.50=450
Profit=450-385=65 - 12 years agoHelpfull: Yes(5) No(0)
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