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Question

A shopkeeper sells his milk at cost price but he add some water and earn 16(2/3)% profit. Find the ratio of milk and water

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Solution

Let he has to make milk to water ratio 1:x to earn 503% profit
Let cost price of milk be C/L
Then According to question C× (x+1) =C×76
Solving we get x=16
So milk to water ratio = 6:1

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