Multiple Choice Questions on A dishonest shopkeeper sells milk at 20 gain and also he add water in the ratio 4 1 in it What is hi........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A dishonest shopkeeper sells milk at 20 gain and also he add water in the ratio 4 1 in it What is hi...........

Quantitative Aptitude ( CCS) Profit and loss
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    A dishonest shopkeeper sells milk at 20% gain and also he add water in the ratio 4:1 in it. What is his total profit?

    50%

    Correct Answer

    45%

    Incorrect Answer

    40%

    Incorrect Answer

    44%

    Incorrect Answer
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    Explanation:

    In the case of milk & water.

    The milk amount is consider as 100.

    Now during the comparison of water with milk,

    the water amount is taken as profit %.
    See here : M W
    .               4 : 1
    .           100 : 25% profit on selling milk on CP but he sold it 20% gain
    So: 25+20+ (25*20)/100= 50% total

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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