New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper mixes 80 liters of milk at ₹30 per liter

    with 60 liters of water. He sells the mixture at ₹25 per liter. Find the profit or loss percentage.
    A 57.5% loss Correct Answer Incorrect Answer
    B 37.67% loss Correct Answer Incorrect Answer
    C 45.8% profit Correct Answer Incorrect Answer
    D 55.5% profit Correct Answer Incorrect Answer

    Solution

    Total cost = 80 × 30 = ₹2400.  Selling price = (80 + 60) × 25 = ₹3500.  Profit % = ((3500 - 2400)/2400) × 100  = 45.83%.  Correct option: c)

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