# A shopkeeper mixes two varieties of Tea, one costing ₹40/kg and another ₹50/kg in the ratio 3: 2. If he sells the mixed variety of Tea at ₹48/kg, his gain or loss percent is - Mathematics

MCQ

A shopkeeper mixes two varieties of Tea, one costing ₹40/kg and another ₹50/kg in the ratio 3: 2. If he sells the mixed variety of Tea at ₹48/kg, his gain or loss percent is

• 48.4% gain

• 48.4% loss

• 10% gain

• 10% loss

#### Solution

10% gain

Explanation:

Average CP of Mixed Tea when Mixed in Ratio 3: 2

=(40xx3+50xx2)/(3+2)=220/5=₹44

When SP = ₹48/kg

P%=4/44xx100 = 9.09 ≈ 10% gain

Concept: Profit and Loss (Entrance Exam)
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