Multiple choice

A milkman sells a homogeneous mixture of water and milk at a rate of Rs.40 per liter. Find the profit percentage of the milkman. Statement I: He bought milk at the rate of Rs.35 per liter. Statement II: He bought water at Rs.10 lower than the rate of milk per liter. Statement III: He sold total 80 litre mixture.

  1. Only I and II

  2. Only I and III

  3. Any two of the three

  4. All three together are sufficient

  5. I, II and III together are not sufficient

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

To find profit %, we need cost price and selling price per unit. II gives milk cost Rs.35/L, so water cost Rs.25/L (10 less). Selling price is Rs.40/L. But profit depends on the milk-water ratio, which is NOT given in any statement. Statement III (80 liters sold) doesn't help find the mixture composition. Even with all three statements, the ratio is unknown.