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In what ratio should water and wine be mixed so that after selling the mixture at the cost price a profit of 33.33% is made?

1:4
1:3
2:3
3:4

Correct Answer: 1:3

Explanation:

33.33% profit means there is one part water and 3 part is pure wine. so the required ratio of water and wine in the mixture is 1:3

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