A dishonest milkman buys milk at Rs 24 per litre and adds 1/5 of water to it and sells the mixture at Rs 32 per litre. What will be his gain %
Answers
Answered by
28
the price of milk
1 litre=₹24
mixture=1+1/5=6/5
so the price of mixture=6/5×32=38.4
total profit 38.4-24=14.4
Profit %=14.4×100/24
=60%
1 litre=₹24
mixture=1+1/5=6/5
so the price of mixture=6/5×32=38.4
total profit 38.4-24=14.4
Profit %=14.4×100/24
=60%
Answered by
3
Answer:
60% gain
Step-by-step explanation:
Milk bought per litre by milkman = Rs 24 (Given)
Water added to the milk = 1/5w (Given)
Milk sold per litre by milkman = Rs 32 (Given)
Since, in 1 l milk the water addes is 1/5 water, thus -
Total milk 1+1/5 = 1.2 L
Cost of 1.2 L = Rs. 24
Thus for 1 L it will be = 24/1.2
= Rs. 20
Since, the selling Price is 32
Hence, the profit will be = 32-20 = 12
Thus, profit in terms of percentage will be = 12/20 = 60%
The gain of milkman is 60%.
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