A milkman purchases milk at the rate of ₹12 per litre and then mixes 25% of water to it.
Find his profit %, if he sells the mixture at ₹15 per litre
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Answer:
Let x litres of milk be bought.
Cost price of x litres of milk =Rs12x
Quantity of milk after 25 % of water is added =x+
100
25
x=
4
5x
litres
Given,
Selling price of 1 litre of milk =Rs15
=> Selling price of
4
5x
litres =Rs
4
5x
×15=Rs
4
75x
Now, Profit % =
C.P.
S.P.−C.P.
×100=
12x
4
75x
−12x
×100=
48
75−48
×100=56.25 %
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