Profit and Loss Practice Test 8

Question : 23 of 40

Marks: +1, -0

Ashok bought 25 kg of rice at the rate of Rs. 6 per kg and 35 kg of rice at the rate of Rs. 7 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg. What was his gain or loss in the transaction?