A person bought 20 litres of milk at the rate of ₹ 8 per litre. He got it churned after spending ₹ 10 and 5… · ABC26GN2619

Subject: General Aptitude · Chapter: Profit and Loss

A person bought 20 litres of milk at the rate of ₹ 8 per litre. He got it churned after spending ₹ 10 and 5 kg of cream and 20 litres of toned milk were obtained. If he sold the cream at ₹ 30 per kg and toned milk at ₹ 4 per litre, his profit in the transaction is

(a)25\%

(b)35.3\%

(c)37.5\%

(d)42.5\%

Answer

Answer (as printed): B

Explanation

Investment $=₹(20 \times 8+10)=₹ 170$. Receipt $=₹(30 \times 5+20 \times 4)=₹ 230$. ∴ Gain $\%=\left(\frac{60}{170} \times 100\right) \%=35.29 \% \approx 35.3 \%$.

Explanation as extracted from the printed page; notation may be imperfect.

Study loop for Profit and Loss

1. Practise the PYQsPrevious-year questions, with answers

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