Profit and Loss Question & Answers
A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?
|A) 116%||B) 166.66%|
|C) 60%||D) 100%|
Let the cost price of 1 litre pure milk be Re.1, then
and 8 litre mixture SP 8 x 2 = Rs.16
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