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Which one of the following sets is incorrect to show the inter-relationships among price elasticity coefficient, change in price and change in total revenue ? Price elasticity coefficient Change in price Change in Total Revenue 1) Zero Increase Decrease Increase Decrease (2) Less than 1 Increase Decrease Decrease Increase (3) Equal to 1 Increase Decrease No change No change (4) More than 1 Increase Decrease Decrease Increase  
Indian milk market contains two types of products cow’s milk and buffalo’s milk. Commercial milk should have 80% milk. The cost of commercial milk of cow and buffalo cost Rs. 20 and Rs. 15 per liter respectively. At market both can be sold at 60% profit. A milkman who sells 70% milk as 80% and also mixes cow and buffalo in the ratio 3 ∶ 4 and sells it as cow milk. What is the profit (%) he earns?
A milk seller bought certain quantity of pure milk. He first sold 20 litres of pure milk. He added 20 litres of water to the remaining quantity of milk. He then sold 20 litres of the milk water mixture and added 20 litres of water to the mixture. He again sold 20 litres of this milk water mixture and added 20 litres of water to the mixture. Now, the ratio of milk to water is 8 : 19. How much quantity of pure milk in litres did he buy in the first place?
A milk vendor has 2 cans of milk. The first contains 25% water and the rest milk. The second contains 50% water. How much milk should he mix from each of the containers so as to get 12 litres of milk such that the ratio of water to milk is 3 : 5?
Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. Milk supply in Maharashtra was badly hit after thousands of dairy farmers launched a protest on Monday, demanding better price and subsidy of Rs 5 per litre. Tankers supplying milk to major cities including Mumbai, Pune, Nagpur, Nashik and others were blocked early morning leading to sudden crisis.  II. The agriculture ministry had mooted a proposal asking railways to make milk available at railway stations and at the meeting, sources said representatives from Amul India suggested that the national transporter could provide stalls to dairy companies or cooperatives where they could sell their products.  Conclusions: I. Representatives of Amul India and food safety body FSSAI are willing to discuss issues and concerns of the dairy sector in the backdrop of the farmers agitation in Maharashtra that had led to severe shortage of milk in the state.  II. The farmers' groups and Maharashtra Kisan Sabha, are demanding a GST waiver on butter and milk powder apart from the subsidy. III. Railways is drawing up a plan to make milk available at railway stations across the country to promote its consumption.
A milk vendor has 2 cans of milk. The first contains 25% water and the rest milk. The second contains 50% water. How much milk should he mix from each of the containers so as to get 12 litres of milk such that the ratio of water to milk is 3 ∶ 5
In mixture A of milk and water, milk is 40 liters more than water in it and quantity of milk and water in mixture B of milk and water is same. Mixtures A and B are mixed in the ratio 5 ∶ 3 to form mixture C in which milk becomes three times of quantity of water, then what is the difference between milk and water in mixture C?
A container contains 40 litres of milk. From this container, 4 litres of milk was taken out and replaced by water. This process was repeated further three times. Then, to make the mixture 50 litres, milk vendor added 10 litres of milk and water in 3 ∶ 2. What percent of milk is in excess in the container over the ratio of milk to water 3 ∶ 2?
A milk vendor has 21 litres of cow milk, 42 litres of toned milk and 63 litres of double toned milk. If he wants to pack them in cans, so that each can contains same litres of milk and does not want to mix any two kinds of milk in a can, then the least number of cans required is = ?
Correct viscosity of furnace oil at the burner tip for proper atomisation is about 25 centistokes. To reduce the viscosity of high viscosity furnace oil (250 centistokes) to the correct atomisation viscosity (i.e. 25 cst), it should be preheated to about____°C.