Profit and Loss Practice Test 8

Question : 16 of 40

Marks: +1, -0

A milkman proposes to sell pure milk at a costprice but he supplies the milk to customer at10% lesser quantity. Find the profit earned by the milkman.

20%
$16 2/3%$
$11 1/9%$
9.09 %
10%

Validate

Solution:

Let the milk man sells 100 kg milk for Rs 100
So, SP of 100 kg milk = Rs 100
and CP of 100 kg milk = Rs 100
but he actually sells 90 kg of milk
So, CP of 90 kg milk = Rs 90
SP of 90 kg milk = SP of 100 kg milk = Rs 100
Profit per cent

={100-90}/90  ×100=11 1/9%

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