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Aptitude · Q172

Profit And Loss

Competitive Exams · Aptitude · question 172

Q172

A milkman cheats his customer in two ways. He mixes 10% water in pure milk and increases the price of milk by 10% . He purchases 20 kg pure milk at a rate of Rs. 15 per kg. His total profit by selling it is -

A.
Rs. 40
B.
Rs. 63
Answer
C.
Rs. 80
D.
Rs. 100

Answer: Option B

Solution

Answer: Option B
Solution:
C.P. of 20 kg milk = Rs. (20 × 15) = Rs. 300
Quantity of water added = 10% of 20 kg = 2 kg
S.P. of 1 kg mixture = 110% of Rs. 15 = Rs. 16.50
S.P. of 22 kg mixture = Rs. (22 × 16.50) = Rs. 363
Profit = Rs. (363 - 300) = Rs. 63