A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?
A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage? Correct Answer 166.66%
Let the cost price of 1-liter pure milk be Re.1, then
6 liters (milk) → C.P = Rs. 62 liters (water) → C.P = Rs. 0→CP = Rs.6 only
8 litre mixture =>
SP => 8 x 2 = Rs. 16
Profit % = 16 - 66x100 = 10006 = 166.66%