A milkman bought 40 litres of milk from a farm for Rs. 360 and added 8 litres of water to it. If he sells this mixture at the rate of Rs. 9.5 per litre, his profit percentage is:

25%

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33.33%

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26.66%

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27.5%

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Solution

The correct option is C 26.66%
Total cost price = Rs. 360
Money obtained from sales $= 48 \times 9.5 = R s .456$
Profit percentage $= \frac{456 - 360}{360} \times 100 = 26.66 %$

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A milkman bought 40 litres of milk from a farm for Rs. 360 and added 8 litres of water to it. If he sells this mixture at the rate of Rs. 9.5 per litre, his profit percentage is:

The correct option is C 26.66%Total cost price = Rs. 360 Money obtained from sales =48×9.5=Rs.456 Profit percentage =456−360360×100=26.66%

The correct option is C 26.66%
Total cost price = Rs. 360
Money obtained from sales $= 48 \times 9.5 = R s .456$
Profit percentage $= \frac{456 - 360}{360} \times 100 = 26.66 %$