Profit and loss

Quantitative Aptitude (CDS)

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A milkman claims to sell milk at its cost price only, but he is making a profit of 20% since he has mixed some amount of water in the milk. What is the percentage of milk in the mixture?

80%

250/3 %

75 %

200/3 %

Explanation:

Let milk=100 L
Profit =20% and he is selling at cost price mean
water=20L
Total mixture=120L
Milk %= 100/120 *100=250/3 %

By: Munesh Kumari

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