A milkman purchases the milk aid Rs x per liter
and sells it at Rs x per liter and still he mixes 2
liter water with every 6 liter of pure milk. What
is the profit percentage?
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1
Answer:
His profit = 33%
Step-by-step explanation:
The CP of milk is Rs.x per litre and SP is also Rs.x per litre
Now, the man adds 2 litres of water to every 6 litres of mllk.
=> 1 litre of water for every 3 litres of milk
=> 3 litres of milk bought becomes 4 litres of milk sold
We are assuming that there is NO cost of adding water.
Hence, the cost price of 3 litres of milk becomes the selling price of 4 litres of milk
CP of 3 litres of milk = 3x
SP of 4 litres of milk = 4x
Profit = SP - CP
= 4x - 3x
= x
Profit % = 100*(Profit/CP)
= 100*(x/3x)
= 100*(1/3)
= 33.33
The milk man makes a profit of 33.33 per cent
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