Profit and loss

Quantitative Aptitude (CGL)

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Cost price of milk is Rs x per litre and it is sold at Rs 1.5x per litre. If the milkman mixes 2 litres water with every 4 litres of pure milk while selling, what is his profit percentage?

100%

125%

80%

25%

Explanation:

Let CP of 1 l pure milk = Re 1
Then CP of 4 l of milk = Rs 4,

and CP of 2 l of water = Rs 0.

So CP of 6 l mixture = Rs 4
And SP of 6 l of mixture = 6*1.5 = Rs 9
So profit% = (9-4)/4 * 100 = 125%

Hence, option 2 is the correct answer.

By: Amit Kumar

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