A man bought some toffees at the rate of 3 toffees per Re and same number at the rate of 2 toffees p...........

Quantitative Aptitude ( CCS) Profit and loss

A man bought some toffees at the rate of 3 toffees per Re. and same number at the rate of 2 toffees per Re. He mixes them and sold 3 toffees for Rs 2. Find his profit/loss% in the whole transaction.

20% loss

20% profit

60% loss

60% profit

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Explanation:

Solution:
Let he buys 6 toffees
Case 1: 3 toffees per Re so 6 toffees for Rs 2
Case 2: 2 toffees per Re so 6 toffees for Rs 3
Total CP of 12 toffees = 2+3 = 5
Now he sold at 3 for Rs 2. So 12 toffees for Rs 8
Now CP = Rs 5, SP = Rs 8, so profit% = 3/5 * 100 = 60% profit