A milkman claims to sell milk at its cost price, still, he is making a profit of 30% since he has mixed some amount of water in the milk. What is the % of milk in the mixture?
Aptitude
Alligation or Mixture
Choose an option
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A71.02%
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B76.92%
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C63.22%
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D86.42%
Answer
Correct Answer: 76.92%
Explanation
The milkman sells the milk at cost price but makes a profit of 30%.
This is possible only because he is mixing water (which is free) with milk.
Let us assume:
- Cost price of 1 litre of pure milk = Rs. 100
- He mixes water and makes a 1-litre mixture and still sells it at Rs. 100
Since he makes 30% profit:
⇒ Cost price of 1 litre of mixture = 100 / 1.30 ≈ Rs. 76.92
This means, the milk in the mixture is worth Rs. 76.92 and the remaining part (100 - 76.92 = Rs. 23.08) is water.
Calculate the % of milk in the mixture:
(76.92 / 100) × 100 = 76.92%
Answer: The percentage of milk in the mixture is approximately 76.92%.