Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liters of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is:
Solution
Correct Answer: Option B
CP =Rs.(30 x 8 + 10) = Rs.250
SP = Rs. (30 x 5 + 30 x 4) = Rs.270
Gain% = (20/250 x 100)% = 8%
Practice More Questions on Our App!
Download our app for free and access thousands of MCQ questions with detailed solutions