an honest milkman mixes 20% by volume of bisleri to his milk and then sells the whole at the cost price of milk if the bisleri costs 20% of the cosr price of milk what is the net profit percentage
Answers
Given : an honest milkman mixes 20% by volume of bisleri to his milk and then sells the whole at the cost price of milk .
bisleri costs 20% of the cosr price of milk
To Find : what is the net profit percentage
Solution:
Let say Cost price of Milk per litre = 5C Rs
Cost price of Bisleri water Per litre = (20/100)5C = C Rs
Let sat Milk is 5L litre
Then Cost price of Milk = 5C * 5L = 25CL Rs
Bisleri added = (20/100)5L = L Litre
Cost price of Biselri = C * L = CL Litre
Total Cost Price = 25CL + CL = 26CL Rs
Total Volume = 5L + L = 6L
Selling price = 5C Rs
=> Selling Price = 6L * 5C = 30CL Rs
Profit = 30CL -26CL = 4CL Rs
Profit % = (4CL/26CL) * 100 = 15.38
net profit percentage = 15.38 %
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