A milkman purchases milk at the rate of Rs 12
per litre and then mixes 25% water to it. Find his profit %, if he sells the
mixture at Rs 15 per litre.
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Since he mixes 25% water
Actual amount of milk 75%.
Cost of 100% milk = 12
Cost of 75 % milk = 12* 75% = 9
S.P = 15
C.P = 9
P = 15-9 = 6
P% = P/C.P =6/9 = 66.66 %
Actual amount of milk 75%.
Cost of 100% milk = 12
Cost of 75 % milk = 12* 75% = 9
S.P = 15
C.P = 9
P = 15-9 = 6
P% = P/C.P =6/9 = 66.66 %
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