Question #2
Revis
What ratio of water to milk should be mixed to gain 16.67% on selling the mixture at cost price?
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Answer:
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Step-by-step explanation:
Let C.P. of milk be Re. 1 per litre.
Then; S.P. of 1 litre of mixture = Re. 1.
Gain obtained = 20%.
5 C.P. of 1 litre of mixture = Rs ( 100/120 X 1 ) = Rs. 5/6
By the rule of alligation, we have :
C.P. of 1 litre of water C.P. of 1 litre of milk
0 Mean price
Rs. 5/6 Rs. 1
(1 - 5/6) = 1/6 (5/6 - 0) = 5/6
so Ratio of water and milk = 1/6 : 5/6 = 1 : 5
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