Multiple choice

Ranjeet mix 4 liter water in 20 liter milk and sells whole mixture at 20% above cost price of milk. Find his overall profit percentage.

  1. 36%

  2. 28%

  3. 44%

  4. 48%

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Ranjeet mixes 4 liters of water in 20 liters of milk, creating a 24-liter mixture. He sells the entire mixture at 20% above the cost price of milk. Cost price = 20 × milk cost per liter. Selling price = 24 × 1.2 × milk cost per liter = 28.8 × milk cost per liter. Profit = 28.8 - 20 = 8.8 × milk cost per liter. Profit percentage = (8.8/20) × 100 = 44%. Option C (44%) is correct. Options A (36%), B (28%), and D (48%) are incorrect calculations.