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Some toffees were bought at the rate of ...

Some toffees were bought at the rate of 11 for 10 and the same number at the rate of 9 for 10. If the whole lot was sold at one rupee per toffee, then the gain or loss in the whole transaction was

A

loss of 1%

B

1%gain of

C

neither gain nor loss

D

1.5%gain of

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The correct Answer is:
To solve the problem step by step, we will calculate the cost price (CP) and selling price (SP) of the toffees, and then determine the gain or loss. ### Step 1: Determine the number of toffees bought Let's assume we buy 99 toffees at each rate for easier calculations. - **First Purchase:** - Rate: 11 toffees for 10 rupees - Number of toffees bought = 99 - Cost Price (CP) for 99 toffees = (99/11) * 10 = 90 rupees - **Second Purchase:** - Rate: 9 toffees for 10 rupees - Number of toffees bought = 99 - Cost Price (CP) for 99 toffees = (99/9) * 10 = 110 rupees ### Step 2: Calculate the total cost price (CP) Total CP = CP from first purchase + CP from second purchase Total CP = 90 + 110 = 200 rupees ### Step 3: Calculate the total selling price (SP) - Total number of toffees = 99 (from first purchase) + 99 (from second purchase) = 198 toffees - Selling Price (SP) = 1 rupee per toffee - Total SP = 198 toffees * 1 rupee/toffee = 198 rupees ### Step 4: Determine gain or loss - Loss = Total CP - Total SP - Loss = 200 - 198 = 2 rupees ### Step 5: Calculate the percentage loss Percentage Loss = (Loss / Total CP) * 100 Percentage Loss = (2 / 200) * 100 = 1% ### Final Answer: The loss in the whole transaction is 1%. ---
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