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 x litres and water added be y litres
Thus, cost price =Rs.6.4x
Selling price = Rs. 8(x + y)
Also, profit % = 37.5 % = 83
6.4x8(x+y)−6.4x= 83
1.6x + 8y = 2.4x
8y = 0.8x
xy=101