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Profit and Loss
A milk vendor mixes water to 20 lt of milk such that the ratio of milk and water is 4:3. He sold the mixture at Rs. 12 per liter but bought the milk at Rs. 10 per liter. Find the profit % of the vendor.
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- milk n water are in the ratio of 4:3.. n given milk is 20lit...implies..4*5:3*5 = 20:15 ie, 15 litres of water r added ..total mixture is 35lit... n cost price is 10*20=200 and selling price is 12*35=420 .. so the profit is (420-200)*100/200=110%
- 9 years agoHelpfull: Yes(2) No(0)
- cp=(100/(100+profit))*sp
-->10=100*12/(100+p)
-->p=20% - 10 years agoHelpfull: Yes(0) No(2)
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