The correct option is
B Rs60,3313%A milkman who wants to make a fast buck using false measure
only 900 ml instead of a liter. Milkman's cost price and
selling price per liter of milk are Rs. 10 and Rs. 12 respectively
what is his profit and profit percentage if he buys 18 liters and sells it .
Ans: cost price per liter = Rs. 10
selling price per liter =Rs. 12
∴ For purchasing 18 liters of milk , milkman has
to pay, Total cost price =10×18
T.C.P = Rs. 180
Now since, he sells 900 ml and proclaims
it to be 1 liter , so effectively
for him,
1 liter = 0.9 liter ,
So when he sells 18 liter, he actually
sells,180.9=20 liter of milk
∴ Total selling price T.S.P=20×12
T.S.P = 240 Rs.
∴ Profit = T.S.P - T.C.P
= 240 - 180
= Rs. 60
Profit percentage = profitT.C.P×100
60180×100
= 33.33%