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if a man byes 1 lt of milk for 12 Rupees and mixes with 20%
of water and sells it for Rs. 15 then what is percentage of
gain
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Answer Posted / adedeji babatunde
After the mixing, 1lt of the mixture has 0.8lt of milk and 0.2lt of water. 1lt of milk costs Rs.12 so 0.8lt of milk costs 0.8 x 12 = 9.6
He sells the mixture at Rs.15,
so profit%=(15-9.6)/9.6 x 100 = 56.25%
| Is This Answer Correct ? | 29 Yes | 7 No |
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