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Question

Mathematics Question on Profit and Loss

A dairyman pays Rs. 6.4 per litre of milk. He adds water and sells the mixture at Rs. 8 per litre, thereby making 37.5%\% profit. The proportion of water to milk received by the customers is

A

1:15

B

1:10

C

1:20

D

1:12

Answer

1:10

Explanation

Solution

The correct option is (B): 1:10
Explanation: Explanation:
Let quantity of milk purchased be xx litres and water added be yy litres
Thus, cost price =Rs.6.4xRs. 6.4x
Selling price = Rs. 8(x + y)
Also, profit % = 37.5 % = 38\frac{3}{8}
8(x+y)6.4x6.4x\frac{8(x+y)-6.4x}{6.4x}= 38\frac{3}{8}
1.6x + 8y = 2.4x
8y = 0.8x
yx=110\frac{y}{x}=\frac{1}{10}