Q:
In what proportion water must be added to spirit to gain 20% by selling it at the cost price ?
Answer
Let the C.P of spirit be = Rs.10 per litre
Then S.P l litre of the mixture = Rs. 11
Profit = 20%
Therefore, C.P of the mixture = Rs. = Rs. 25/3 per litre

Therefore, Ratio of water and spirit = 1 : 5
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