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A milkman purchases milk at the rate of ₹12 per litre and then mixes 25% of water to it.Find his profit %, if he sells the mixture at ₹15 per litre |
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Answer» Let x LITRES of MILK be BOUGHT. Cost price of x litres of milk =Rs12x Quantity of milk after 25 % of water is added =x+ 100 25
x= 4 5x
litres Given, Selling price of 1 litre of milk =Rs15 => Selling price of 4 5x
litres =Rs 4 5x
×15=Rs 4 75x
Now, Profit % = C.P. S.P.−C.P.
×100= 12x 4 75x
−12x
×100= 48 75−48
×100=56.25 % |
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