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Aptitude · Q262

Profit And Loss

Competitive Exams · Aptitude · question 262

Q262

A milkman bought 70 litres of milk for Rs. 630 and added 5 litres of water. If sells it at Rs. 9.00 per litres, his profit percentage is = ?

A.
%
B.
7%
C.
%
D.
%
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
According to the question,
Cost price of 70 litres of milk = Rs. 630
Added 5 litres of water
Now, the solution becomes = 75 litres
Cost price of water = Rs. 0
∴ Selling price of 1 litre milk = Rs. 9
Selling price of 75 litres milk = 9 × 75 = Rs. 675
Profit = Selling price - Cost price
= 675 - 630
= 45