Question

A tea seller bought 15 kg of Darjeeling tea at ₹300 per kg and 25 kg of Assam tea at ₹240 per kg. He mixed them together. Due to a slight drop in market prices, he had to sell the entire mixture at ₹260 per kg. calculate his total profit or loss.

• A. Loss of ₹100
• B. Profit of ₹100
• C. Profit of ₹200
• D. Lossof ₹200

Answer 1

Answer:

A. Loss of ₹100

Cost of 15 kg of Darjeeling tea:

$15 \times 300 = 4500$

Cost of 25 kg of Assam tea:

$25 \times 240 = 6000$

Total cost price:

$4500 + 6000 = 10500$

Total quantity of tea:

$15 + 25 = 40 \text{ kg}$

Selling price of the mixture:

$40 \times 260 = 10400$

Now compare CP and SP:

$\text{Loss} = 10500 - 10400 = 100$

Therefore, the tea seller incurred a loss of ₹100.