Question
The cost price of juice is 50% more than the cost price
of lemon soda. A juice seller mixed 120 ml of juice with 30 ml of lemon soda in a glass. By mistake, 50 ml of the mixture from the glass is spilled out, and to recover the loss, he added 30 ml of lemon soda back into the glass. He sold the entire mixture from the glass at a rate 60% higher than the cost price of the juice. Find his profit/loss percentage in this transaction.Solution
ATQ, Let the cost price of 1 ml Lemon soda be Rs. ‘m’. So, the cost price of 1 ml juice = Rs. 1.5m Cost price of the whole content juice seller had = 120 × 1.5m + (30 + 30) × m = Rs. 240m Total quantity of mixture sold = 120 + 30 – 50 + 30 = 130ml Selling price of 1 ml mixture = 1.6 × 1.5m = Rs. 2.4m So, the selling price of the whole mixture sold by him = 130 × 2.4m = Rs. 312m So, the profit percent = {(312m – 240m)/240m} × 100 = 30%
The Insolvency and Bankruptcy Board of India (IBBI) celebrated its 8th Annual Day on 1st October 2024. Which of the following is a key mandate of IBBI a...
Which of the following telecom industry in association with Meta Platforms, announced a hackathon that will incentivize companies to use WhatsApp for Bu...
What is the name of the indigenous genomic chip for cattle, launched by the Prime Minister to improve livestock breeds, and which organization developed...
In a push to support projects promoting a circular economy and climate-oriented reform actions, the Union Cabinet has approved the City Investments to I...
Who became the second richest person in the world in 2024, according to the Bloomberg Billionaires’ Index, and what was his net worth?
Which bird, known as the "most dangerous bird in the world," is facing extinction due to habitat loss and hunting, as highlighted on World Cassowary Day...
In the Atal Pension Yojana (APY), the pension amounts are predetermined. Which of the following correctly describes how the pension amounts are structured?
Ministry of Ayush has signed a Memorandum of Understanding (MoU) with _____________ to work together for the promotion of Medical Value Travel in Ayurv...
What process primarily causes the rusting of iron?
On which day is World Habitat Day observed annually, and what was its theme for 2024?