1. Pure milk costs Rs. 16 per litre. After adding water the milkman sells the mixture Rs. 15 per litre and thereby makes a profit of 25%. In what respective ratio does he mix milk with water?
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By: anil on 05 May 2019 01.15 am
Selling price is Rs 15 and Profit is 25% => Cost Price = $$frac{15}{1.25}$$ = Rs 12 => In every litre of solution, there is Rs 12 worth milk. But the actual cost of milk is Rs 16. => Ratio = 12 : 4 = 3 : 1
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