1.

Manoj is making lemonade at the side of the street. If he wants to earn 15% profit on selling the juice at the cost price of the lemon, what should be the ratio of lemon juice and water?1). 3 ∶ 202). 10 : 113). 20 ∶ 234). 23 ∶ 20

Answer»

Let the cost price of pure LEMON JUICE be Rs. 1 per liter.

Cost price of water is Rs. 0 per liter.

 Selling price of the mixture is also Rs. 1 per liter.

Gain = 15%

Let X be the cost price of the mixture.

(1 – x)/x × 100 = 15

⇒ x = 1/1.15 = 100/115 = 20/23

REQUIRED RATIO is {1 – (20/23)} ? {(20/23) – 0}

⇒ 3/23 ? 20/23 = 3 ? 20


Discussion

No Comment Found

Related InterviewSolutions