A candy shop owner buys three kinds of candies: red, blue, and green. Red…
2025
A candy shop owner buys three kinds of candies: red, blue, and green. Red candies are purchased at 3 for
₹15, blue candies at 4 for ₹18, and green candies at 5 for ₹22. He mixes them in the ratio 1 : 1 : 2. He sells all the
mixed candies at 2 for ₹10. What is his approximate gain or loss percentage?
- A.
Loss of 9.2%
- B.
Profit of 9.29%
- C.
Profit of 10%
- D.
Loss of 10%
Attempted by 2 students.
Show answer & explanation
Correct answer: B
Cost per red candy = Rs. 5, per blue candy = Rs. 4.50, and per green candy = Rs. 4.40. In the ratio 1:1:2, cost of 4 candies = 5 + 4.5 + 8.8 = Rs. 18.30. Selling price of 4 candies is Rs. 20, so gain percentage = 1.70/18.30 x 100, approximately 9.29%.