Question
A man buys juice at Rs 10/litre and dilutes it with water. He sells the mixtures at the cost price and thus gains 11.11%. Find the quantity of water mixed by him in every litre of juice
CAT 2021
Solution
Correct option is
(D)
Explanatory Answer :
As we know 11.11% = 1/9
Therefore, to gain 11.11%, C.P. + 1/9 * C.P. = 10
=> 10C.P/9 = 10 => C.P. = Rs 9
Therefore,
So, Juice: Water = 9 : 1
With 1 litre of juice, water = 1/9 * litre = 0.111 l
