In a mixture of milk and water, there is only 16% water. After replacing the mixture with 8 liters of pure milk , the percentage of milk in the mixture become 86%. The quantity of mixture is:
Milk Water 84% 16% (initially) 86% 14% ( after replacement) Left amount = Initial amount [1 − (replaced amount/total amount)] 14 = 16 [1 − (8/k)] k = 64
The bailment of goods as security for payment of debt or performance of a promise is called:
The current ratio can be numerically expressed in the form of the following equation
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