Profit and Loss Practice Test 10

Question : 27 of 28

Marks: +1, -0

Find the profit per cent of a milk man who proposes to sell milk at the cost price but he has mixed 15% water to pure milk and his wife further added 10% more water to the previous mixture.

12.33%
15%
16.15%
15.12%
None of these

Validate

Solution:

Let the CP of 1,000 g = Rs 1,000
Quantity of milk when 15% water is added = 1,000 + 150 = 1,150 g
Quantity of milk when 10% more water is added = 1,150 + 11.50 = 1,161.5
Now CP = Rs 1,000
But SP = Rs 1,161.5
So profit per cent

=161.5/1000   × 100=16.1 5%

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