* 1 [Type liquid mixes in a 3: 2 ratio. Money is sold at the rate of 10% profit per liter. If the price of the first type of liquid per liter is 2 rupees more than the second type of liquid, what is the price of the first type of liquid per liter? (A) 1.75 rupees B) 11 rupees. b) 10.40) Rs. 10.80 in
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Correct Answer:
C) Rs.10.80 & Rs.8.80
Description for Correct answer:
The mixture is sold at 10% profit, which means that the selling price = cost price + 10% of cost price i.e., SP = 110% of cost price = 1.1*CP.
The mixture is sold (SP) at Rs.11. Therefore, the cost price of the mixture, CP = Rs.10
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