A milkman buys milk at Rs. 10 per litre and adds one-third of water, then sells the mixture at Rs. 11 per litre. Find Profit %.
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The profit of the milk man is 29%
Step-by-step explanation:
As In 1 liter milk he add 1/5 water
Total milk 1+1/3 = 1.3 liter
Cost of 1.3 liter = Rs. 11
Therefor 1 liter = 11/1.3 = Rs. 8.5
Selling Price is 11
Therefore profit = 11-8.5 = 2.5 Rs
In terms of percentage = 2.5/8.5 = 29%
Thus the profit of the milk man is 29%
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Answer:
The profit of the milk man is 29%
Step-by-step explanation:
As In 1 liter milk he add 1/5 water
Total milk 1+1/3 = 1.3 liter
Cost of 1.3 liter = Rs. 11
Therefor 1 liter = 11/1.3 = Rs. 8.5
Selling Price is 11
Therefore profit = 11-8.5 = 2.5 Rs
In terms of percentage = 2.5/8.5 = 29%
Thus the profit of the milk man is 29%
Step-by-step explanation:
Hope this answer will help you.✌️
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