A milk-man has 300 litres of milk at a rate of rs.19/lit. after adding 200 litres of water he sold 400 litres for rs.20/lit and he added 10 liter of water to the remaining milk and sold it for rs.15.what is his profit?
a. 3950
b. 3954
c. 3952
d. 3951
Answers
His profit will be: a. 3950
Explanation
A milk-man has 300 liters of milk at a rate of Rs. 19/liter. So, the total actual price of 300 liters milk
After adding 200 liters of water, the total amount will be: (300+200)liters = 500 liters.
He sold 400 liters for Rs. 20/liter, so the total selling price of 400 liters milk
Now, the remaining amount = (500-400)liters = 100 liters and he added 10 liters of water to it and sold it for Rs. 15/liter. So, the selling price of (100+10)liters or 110 liters milk
Thus, the profit = (Total selling price - Total actual price)
Find the cost of the milk:
1 litre = Rs 19
300 litres = 19 x 300 = Rs 5700
Find the amount of mixture to be sold:
milk = 300 litres
water = 200 litres
Total = 300 + 200 = 500 litres
Find the earnings from the first 400 litres:
1 litre = Rs 20
400 litres = 20 x 400 = Rs 8000
Find the remaining mixture to be sold:
Remaining = 500 - 400 = 100 litres
Mixture after adding another 10 litres = 100 + 10 = 110 litres
Find the earnings from the 110 litres:
1 litre = Rs 15
110 litres = 15 x 110 = Rs 1650
Find the total earnings:
Total earnings = 8000 + 1650 = Rs 9650
Find the profit:
Profit = Rs 9650 - Rs 5700 = Rs 3950
Answer: (A) Rs 3950