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  • Question
  • If a man buys 1 lt of milk for Rs.12 and mixes it with 20% water and sells it for Rs.15, then what is the percentage of gain?


  • Options
  • A. 25%
  • B. 30%
  • C. 17%
  • D. 19%

  • Correct Answer
  • 25% 

    Explanation

    He has gain = 15 - 12 = 3,
    Gain% = (3/12) x 100 = (100/4) = 25.
    He has 25% gain.

  • Tags: AIEEE, Bank Exams, CAT, GATE, GRE, Analyst, Bank Clerk, Bank PO

    More questions

    • 1. 
      A contractor undertook to finish a certain work in 124 days and employed 120 men. After 64 days, he found that he had already done 2/3 of the work. How many men can be discharge now, so that the work finish in time?

    • Options
    • A. 40
    • B. 50
    • C. 48
    • D. 56
    • Discuss
    • 2. Three houses are available in a locality. Three persons apply for the houses. Each applies for one house without consulting others. The probability that all the three apply for the same house is :

    • Options
    • A. 2/9
    • B. 1/9
    • C. 8/9
    • D. 7/9
    • Discuss
    • 3. A box contains 10 bulbs,of which just three are defective. If a random sample of five bulbs is drawn, find the probability that the sample contains exactly one defective bulb.

    • Options
    • A. 5/12
    • B. 7/12
    • C. 3/14
    • D. 1/12
    • Discuss
    • 4. In a single throw of two dice , find the probability that neither a doublet nor a total of 8 will appear.

    • Options
    • A. 7/15
    • B. 5/18
    • C. 13/18
    • D. 3/16
    • Discuss
    • 5. In a box, there are 8 red, 7 blue and 6 green balls. One ball is picked up randomly. What is the probability that it is neither red nor green?

    • Options
    • A. 1/3
    • B. 3/5
    • C. 8/21
    • D. 7/21
    • Discuss
    • 6. 
      A, B and C can do a piece of work in 16, 32 and 48 days, respectively. They all begin together. A work continuously till it is finished, C leaves the work 2 days before its completion and B leaves the work in 1 days before its complete. In what time is the work finished?

    • Options
    • A. 10 days
    • B. 20 days
    • C. 15 days
    • D. 30 days
    • Discuss
    • 7. Four dice are thrown simultaneously. Find the probability that all of them show the same face.

    • Options
    • A. 1/216
    • B. 1/36
    • C. 2/216
    • D. 4/216
    • Discuss
    • 8. A bag contains 2 red, 3 green and 2 blue balls. Two balls are drawn at random. What is the probability that none of the balls drawn is blue?

    • Options
    • A. 10/21
    • B. 11/21
    • C. 1/2
    • D. 2/7
    • Discuss
    • 9. 
      A pipe can fill a tank in 20 h. Due to a leak in the bottom, it is filled in 40 h. If the tank is full, how much time will the leak take to empty it?

    • Options
    • A. 40 h
    • B. 30 h
    • C. 50 h
    • D. 30 h
    • Discuss
    • 10. In a race, the odd favour of cars P,Q,R,S are 1:3, 1:4, 1:5 and 1:6 respectively. Find the probability that one of them wins the race.

    • Options
    • A. 319/420
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    • D. 231/420
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