Latest MBA Aptitude Question SOLUTION: A milk vendor who sells milk at Rs. 10.50 per half a litre,finds a can of milk on roadside of 13L. He initially had 52 L of milk.HE mixes the two quantities and sells at a reduced

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(#M40016918) MBA question averages, percentages, profit loss and interest Keep an EYE

A milk vendor who sells milk at Rs. 10.50 per half a litre,finds a can of milk on roadside of 13L. He initially had 52 L of milk.HE mixes the two quantities and sells at a reduced price but maintains his profit percentage.By what proportion does he decrease the price per litre?

1) 1/4
2) 1/5
3) 1/6
4) 1/3

Asked In MBA (11 years ago)

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