Question
Download Solution PDFA shopkeeper buys milk at Rs. 36/litre and mixes 200ml/litre water in it. If he sells the mixture at Rs. 40/litre, find his percentage profit.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFSince, the shopkeeper mixed 200 ml water in 1 litre of milk, then he prepared (1000 + 200 = 1200 ml = 1.2 litre of milk-water mixture in Rs. 36
⇒ Cost price of 1 litre milk-water mixture = 36/1.2 = Rs. 30
Now, selling price of 1 litre milk-water mixture = Rs. 40
Profit earned per litre = 40 – 30 = Rs. 10
∴ Profit percentage = (10/30) × 100 = 33.3%Last updated on Jun 17, 2025
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