Question
40 litres of a solution contains 20% milk. After adding
'd' litres of pure milk, the quantity of milk becomes 150% more than the quantity of water. If milk costs Rs. 30 per litre, what is the total selling price of the resulting mixture if it is sold at the milk's cost price per litre?Solution
ATQ, Quantity of milk in 40 litres of mixture = 40 × 0.20 = 8 litres Quantity of water in 40 litres of mixture = 40 - 8 = 32 litres Final quantity of milk after adding 'd' litres = (8 + d) litres A.T.Q. (8 + d)/32 = 5/2 ⇒ 8 + d = 80 ⇒ d = 72 litres Total quantity of mixture = 40 + 72 = 112 litres Total selling price of final mixture = 112 × 30 = Rs. 3360
As per the behavioural theory of decision making by Herbert Simon, there are three essential stages in the act of problem solving and decision making. W...
What is the benefit of using problem-solving techniques, such as the 5 Whys?
Decision making is core to which of the following management functions?
What can be a consequence of not eliminating other solutions before making a decision?
The pre-dispositioning theory of decision making was given by ___________
Why is it important to consider ethical implications when identifying possible solutions?
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
An Autocratic leader is likely to use which of the following type of decision making technique?
The Delphi technique of decision making was developed by _________
As per the behavioural theory of decision making by Herbert Simon, there are three essential stages in the act of problem solving and decision making. W...
Relevant for Exams:
