Home
Class 14
MATHS
Nikita bought 30 kg of wheat at the rate...

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 the rate of 8.90 per kg. Her total profit or loss in the transaction was:

A

Re. 1 loss

B

Rs. 2 profit

C

Rs. 3 loss

D

Rs. 4 profit

Text Solution

AI Generated Solution

The correct Answer is:
To find the total profit or loss in Nikita's transaction, we will follow these steps: ### Step 1: Calculate the Cost Price (CP) of the Wheat Nikita bought two quantities of wheat: - 30 kg at the rate of ₹9.50 per kg - 40 kg at the rate of ₹8.50 per kg **Calculation:** - Cost of 30 kg of wheat = 30 kg × ₹9.50/kg = ₹285 - Cost of 40 kg of wheat = 40 kg × ₹8.50/kg = ₹340 **Total Cost Price (CP) of the mixture:** \[ \text{Total CP} = \text{Cost of 30 kg} + \text{Cost of 40 kg} = ₹285 + ₹340 = ₹625 \] ### Step 2: Calculate the Selling Price (SP) of the Wheat Mixture After mixing, the total quantity of wheat is: - Total quantity = 30 kg + 40 kg = 70 kg Nikita sold the mixture at the rate of ₹8.90 per kg. **Calculation:** \[ \text{Selling Price (SP)} = \text{Total quantity} \times \text{Selling price per kg} \] \[ \text{SP} = 70 kg \times ₹8.90/kg = ₹623 \] ### Step 3: Calculate Profit or Loss To find the profit or loss, we subtract the Selling Price (SP) from the Cost Price (CP). **Calculation:** \[ \text{Loss} = \text{CP} - \text{SP} \] \[ \text{Loss} = ₹625 - ₹623 = ₹2 \] ### Conclusion Nikita incurred a loss of ₹2 in the transaction. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TYPE-X|85 Videos
  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TEST YOURSELF|23 Videos
  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TYPE-VIII|23 Videos
  • POWER, INDICES AND SURDS

    KIRAN PUBLICATION|Exercise Test Yourself|25 Videos
  • RATIO AND PROPORTION

    KIRAN PUBLICATION|Exercise TEST YOURSELF|19 Videos

Similar Questions

Explore conceptually related problems

Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg and 40 kg of wheat at the rate of Rs. 8.50 per kg and mixed them. She sold the mixture at the rate of Rs. 8.90 per kg. Her total profit or loss in the transaction was R s .2 los s b. R s .2 p rofi t c. R s .7 los s d. Rs. 7 profit

Nikita bought 30kg wheat at the rate of 8.9 rupees per kg and 40kg of wheat at the rate of 9.9 rupees per kg and sold whole stock at the rate of 9.5 rupees per kg. Find profit or loss?

Nikita boutgh 30kg wheat at the rate of 8.9 rupees. per kg and 40kg at the rate of 9.9 rupees per kg and sold whole stock at the rate of 9.5 rupees per kg. Find profit or loss?

Arun purchased 30 kg of wheat at the rate of Rs. 115.0 per kg and 20 kg of wheat at the rate of Rs. 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should he sell that mixture to make 30% profit? R s .14.80 b. R s .15.40 c. R s .15.60 d. R s .16.30 e. Rs. 18.20

A shopkeeper bought 30 kg of rice at the rate of Rs. 70 per kg and 20 kg of rice at the rate of Rs. 70.75 per kg. If he mixed the two brands of rice and sold the mixture at Rs. 80.50 per kg, his gain is

KIRAN PUBLICATION-PROFIT AND LOSS -TYPE-IX
  1. A person bought 2 fans for Rs 2160. After selling first fan at 15% pro...

    Text Solution

    |

  2. Some toffees were bought at the rate of 11 for 10 and the same number ...

    Text Solution

    |

  3. A frult seller buys some oranges at the rate of 4 for 10 and an equal ...

    Text Solution

    |

  4. A shopkeeper blends two varieties of tea costing 18 and 13 per 100 gm ...

    Text Solution

    |

  5. Nikita bought 30 kg of wheat at the rate of 9.50 per kg and 40 kg of w...

    Text Solution

    |

  6. Krishna purchased a number of articles at 10 for each and the same num...

    Text Solution

    |

  7. A shopkeeper bought 15kg of rice at the rate of 29 per kg and 25kg of ...

    Text Solution

    |

  8. A dealer sold 3/4th of his articles at a gain of 24% and the remaining...

    Text Solution

    |

  9. A man buys a table and a chair for Rs.500.He sells the table at a loss...

    Text Solution

    |

  10. Mr. Kapur purchased two toy cycles for 750 each. He sold these cycles,...

    Text Solution

    |

  11. A man bought 500 metres of electronic wire at 50 paise per metre. He s...

    Text Solution

    |

  12. A shopkeeper sold one-third of his goods at a loss of 15%. To get a pr...

    Text Solution

    |

  13. A trader buys two articles for Rs. 4000 each. While selling if he gain...

    Text Solution

    |

  14. At a village trade fair a man buys a horse and a camel together for Rs...

    Text Solution

    |

  15. A trader buys two articles for Rs. 4000 each. While selling if he gain...

    Text Solution

    |

  16. A trader sells two articles for Rs. 14784 each. If he gains 12% on one...

    Text Solution

    |

  17. A trader sells two articles for Rs. 1875 each. If he gains 25% on one ...

    Text Solution

    |

  18. A man sells two articles each for Rs. 240. He sells one at a profit of...

    Text Solution

    |

  19. A shopkeeper sold two articles for Rs. 9471. On one,he gained 23% and ...

    Text Solution

    |

  20. A shopkeeper sold two articles for Rs 9639 each. On one, he gained 19%...

    Text Solution

    |