A milk vendor bought 28 litres of milk at the rate of Rs. 8.50 per litre. After adding some water, he sold the mixture at the same price. If his gain is 12.5%, how much water did he add?
- AOption (a)
4.5 litres
- BOption (b)
4 litres
- COption (c)
3.5 litres
- DOption (d)
3 litres
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Correct answer
3.5 litres
Why this answer is correct
Total cost price of milk = 28 × 8.5 = Rs. 238
Gain of milk vendor = 12.5% of 238 = Rs. 29.75
∵ Selling price = Cost price + Profit
⇒ Total selling price of milk & water mixture = 238 + 29.75 = Rs. 267.75
Now, let the milk vendor added ‘x’ litres of water to the milk
∵ The milk vendor sold the mixture at the same rate,
⇒ Total selling price of milk & water mixture = (28 + x) × 8.5 = 267.76
⇒ 28 + x = 267.75/8.5
⇒ 28 + x = 31.5
⇒ x = 31.5 – 28 = 3.5 litres
∴ The milk vendor added 3.5 litres of water to the milk