In what ratio must water be mixed with milk to gain 1623% on selling the mixture at cost price?
A
1:6
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B
6:1
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C
2:3
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D
4:3
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Solution
The correct option is A1:6 Let C.P. of 1 litre milk be Re. 1. S.P. of 1 litre of mixture = Re. 1, Gain =503%. ∴ C.P. of 1 litre of mixture =(100×3350×1)=67 By the rule of alligation, we have: ∴ Ratio of water and milk =17:67=1:6