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Pure milk costs Rs. 16 per litre. After adding water the milkman sells the mixture at the rate of Rs. 15 per litre and thereby makes a profit. of 25%. In what respective ratio does he mix milk with water ?1). 3 : 12). 4 : 33). 3 : 24). 5 :3 |
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Answer» Solution Profit = 25% HENCE effective Cost Price = Selling Price *$\frac{8}{10}$ or Selling Price - 20% (It can be said that the farmer is adding the MILK EQUIVALENT of Effective Cost Price and Water equivalent of Initial - Effective Cost Price) Ratio = $\frac{12}{4}$ = 3:1 |
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