A milk man makes a profit of 10% on the s… | Answer

Subject

Quantitative Aptitude

Topic

Profit & Loss

A milk man makes a profit of 10% on the sale of milk. If he were to add 20% water to the milk, by what would be the percentage increase in his profit?
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ক)

300%

খ)

400%

গ)

220%

ঘ)

100%

ঙ)

None of these

Explanation

Let initial quantity of pure milk = 100 litre Suppose cost price of one litre of milk = Rs.1 Then his total cost price = Rs.100 total selling price = Rs.110 Profit = Rs. 10 ∴ Selling price of 1 litre milk = Rs. 1.1 After mixing 20% water, quantity of the mixture = 120 litre total selling price = 1.1 × 120 = Rs. 132 Profit = Rs. 32 Increase in Profit = 32 - 10 = 22 Percentage increase in profit

= {\rm{\;}}\frac{{22}}{{10}}{\rm{\;}} \times 100{\rm{\;}} = {\rm{\;}}220{\rm{\% }}

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A milk man makes a profit of 10% on the sale of milk. If he were to add 20% water to the milk, by what would be the percentage increase in his profit?Reading

A milk man makes a profit of 10% on the sale of milk. If he were to add 20% water to the milk, by what would be the percentage increase in his profit?

Explanation

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A milk man makes a profit of 10% on the sale of milk. If he were to add 20% water to the milk, by what would be the percentage increase in his profit?
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