Multiple choice

24 Toffees are bought at 4 per rupee and the same number again for 6 per rupee. Then, they are mixed and sold at 5 per rupee. What is the net profit or loss?

  1. 2% loss

  2. 10% profit

  3. no profit or loss

  4. 4% loss

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost of 24 toffees at 4/rupee is 6 rupees. Cost of another 24 toffees at 6/rupee is 4 rupees. Total cost is 10 rupees for 48 toffees. Selling 48 toffees at 5/rupee yields 48/5 = 9.6 rupees. Loss is 0.4 rupees on 10 rupees, which is 4%.

AI explanation

Calculate the cost of 24 toffees at 4 per rupee and another 24 at 6 per rupee to get a total cost of 6 rupees plus 4 rupees, which equals 10 rupees. The total 48 toffees are sold at 5 per rupee, generating a selling price of 48 divided by 5, or 9.6 rupees. The loss is 10 minus 9.6 equals 0.4 rupees, and the loss percentage is 0.4 divided by 10 multiplied by 100, resulting in a 4% loss.