10 litres of water mixed with 40 litres of milk at 84p. a litre. How much will be the
profit or loss by selling the whole quantity at 66p. Per litre?
Answers
Given:-
- Total Quantity of milk=40 litres
- per litre rate of milk by purchasing=84p
- per litre rate of milk by selling=66p
To Find:-
- Profit or loss by selling the whole quantity
Solution:-
- At first calculate the total quantity of milk than calculate amount of selling and purchasing after that calculate profit or loss here]
Total quantity=Quantity milk+Quantity water
Total quantity=40+10=50 litres
- Now calculate here purchasing amount]
Total amount after purchasing quantity]
Total amount=84×40=3360p
- Than calculate here selling amount]
Total amount after selling quantity]
Total amount=66×50=3300p
- It's clearly mentioned above that Selling amount is less than purchasing amount so, we will get loss here]
Loss=Purchasing amount-Selling amount
Loss=3360-3300=60p
Hence,
we will get loss of 60p by selling the whole quantity.
Given :
- 10 litres of water mixed with 40 litres of milk is purchased at 84 p per litre
To Find :
- Profit or loss by selling whole quantity of milk at Rs.66 per litre
Solution :
First of all we need to find total selling price at 84 p per litre .
Case - 1 :- At 84 p per litre [ Purchasing price ]
⇒ Total quantity = Quantity of water + Quantity of milk
⇒ Total quantity = 10 + 40 litres
⇒ Total quantity = 50 litres
For 1 litre it costs 84 p per litre.
So , For 50 litres ,
⇒ 50 × 84 = 4200
So the purchasing price at 84 p per litre is Rs.4,200
Now we need to find total selling price at 66 p per litre
Case 2 :- At 66 p per litre [ Selling price ]
It is clearly a loss , as the rate per litre decreases .
So selling price at Rs.66 per litre is ,
⇒ 50 × 66
⇒ 3300
So the selling price at 66 p per litre is 3,300 p
So ,
⇒ Loss = Purchasing price - Selling price
⇒ Loss = 4200 - 3300
⇒ Loss = 900
So the loss is 900 p