Exams › SSC CGL (Prelims) › General

A vendor mixes two types of tea, one costing ₹150 per kg and another costing ₹200 per kg, in the ratio 2:3. If he sells the mixture at ₹180 per kg, find his gain or loss percent.

1. 4% Gain
2. 4% Loss
3. 6% Loss
4. No loss, no gain

Correct answer: No loss, no gain

Solution

The cost price of the mixture is the weighted average: \((2\times150 + 3\times200)/5 = 180\). Since the selling price is also ₹180 per kg, there is no gain or loss.

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