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A man purchases a certain number of toff...

A man purchases a certain number of toffees at 6 per rupee and the same number of toffees at 7 per rupee. He mixes the toffees and sells them at 6 per rupee. What is his gain or loss per cent?

A

`6(9)/(13) %` loss

B

`7(9)/(13)% ` gain

C

`7(6)/(13)%`

D

`7(5)/(13)%` gain

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow a structured approach: ### Step 1: Understand the Problem A man buys toffees at two different rates and sells them at a uniform rate. We need to calculate his gain or loss percentage. ### Step 2: Define Variables Let’s assume the man buys \( n \) toffees at each rate. ### Step 3: Calculate Cost Price (CP) 1. **First Purchase**: - Cost Price for toffees bought at 6 per rupee: \[ \text{CP}_1 = \frac{n}{6} \text{ rupees} \] 2. **Second Purchase**: - Cost Price for toffees bought at 7 per rupee: \[ \text{CP}_2 = \frac{n}{7} \text{ rupees} \] 3. **Total Cost Price (CP)**: \[ \text{Total CP} = \text{CP}_1 + \text{CP}_2 = \frac{n}{6} + \frac{n}{7} \] To add these fractions, we find a common denominator (42): \[ \text{Total CP} = \frac{7n}{42} + \frac{6n}{42} = \frac{13n}{42} \text{ rupees} \] ### Step 4: Calculate Selling Price (SP) 1. **Selling Price**: - The man sells all \( 2n \) toffees at 6 per rupee: \[ \text{SP} = \frac{2n}{6} = \frac{n}{3} \text{ rupees} \] ### Step 5: Calculate Profit 1. **Profit**: \[ \text{Profit} = \text{SP} - \text{Total CP} = \frac{n}{3} - \frac{13n}{42} \] To subtract these fractions, we find a common denominator (42): \[ \text{Profit} = \frac{14n}{42} - \frac{13n}{42} = \frac{n}{42} \text{ rupees} \] ### Step 6: Calculate Profit Percentage 1. **Profit Percentage**: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{Total CP}}\right) \times 100 = \left(\frac{\frac{n}{42}}{\frac{13n}{42}}\right) \times 100 \] Simplifying this: \[ \text{Profit Percentage} = \left(\frac{1}{13}\right) \times 100 = \frac{100}{13} \approx 7.69\% \] ### Step 7: Final Answer The gain percentage is approximately \( 7 \frac{9}{13} \% \).
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ARIHANT SSC-PROFIT AND LOSS-EXERCISE BASE LEVEL QUESTIONS
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