A shopkeeper purchased 40 litres of milk at the rate of Rs. 2.00 per litre and 60 litres of milk at the rate of Rs. 2.5 from two sellers. He sold the whole milk at the rate of Rs. 2.3 per litre. Find his profit or loss percent.
Explanation:
CP = 40 × 2 + 60 × 2.5 = Rs. 230
SP = (40 + 60) × 2.3 = Rs. 230
∴ Profit % = 0%
Hence, option (a).
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