Multiple Choice Questions on Shan bought 30 liters of milk at the rate of Rs 8 per liter He got it churned after spending Rs 10 a........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Shan bought 30 liters of milk at the rate of Rs 8 per liter He got it churned after spending Rs 10 a...........

Quantitative Aptitude ( CCS) Profit and loss
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    Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is:

     

    20%
     

    Incorrect Answer

    8%
     

    Correct Answer

    30%
     

    Incorrect Answer

    40%

    Incorrect Answer
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    Explanation:

    CP =Rs.(30 x 8 + 10) = Rs.250
    SP = Rs. (30 x 5 + 30 x 4) = Rs.270
    Gain% = (20/250 x 100)% = 8%

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