Questions :
A tea seller bought 10 kg of Darjeeling tea at ₹320 per kg and 20 kg of Assam tea at ₹280 per kg. He mixed them together. Due to a drop in market prices, he had to sell the entire mixture at ₹300 per kg. Calculate his total profit or loss.
Options :
- Loss of ₹100
- Profit of ₹100
- Profit of ₹200
- Loss of ₹200
correct answer : c)
Explanation :
Cost Price (CP) of Darjeeling tea = 10 × 320 = ₹3200
Cost Price (CP) of Assam tea = 20 × 280 = ₹5600
Total Cost Price = ₹3200 + ₹5600 = ₹8800
Total quantity = 10 + 20 = 30 kg
Selling Price (SP) of the mixture = 30 × 300 = ₹9000
Profit = SP − CP
= ₹9000 − ₹8800
= ₹200
Therefore, the tea seller made a profit of ₹200.
Hence, the correct answer is option (c) Profit of ₹200. The options Loss of ₹100, Profit of ₹100, and Loss of ₹200 are incorrect because the selling price exceeds the total cost price by ₹200.