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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 |
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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 ⇒ 3/23 ? 20/23 = 3 ? 20 |
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