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A milloran purchases 25 litres of milk f...

A milloran purchases 25 litres of milk from a dairy for Rs.800 and sells it at the rate of 33.50 per litre. What is the profit or loss %?(rounded of)

A

Profit 4.7%

B

Loss 4.8%

C

Loss 5.1%

D

Profit 5.3%

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of calculating the profit or loss percentage for the milk purchased and sold by the milloran, we can follow these steps: ### Step 1: Calculate the Cost Price (CP) The cost price (CP) of 25 litres of milk is given as Rs. 800. ### Step 2: Calculate the Selling Price (SP) per litre The selling price (SP) per litre is given as Rs. 33.50. ### Step 3: Calculate the Selling Price (SP) for 25 litres To find the total selling price for 25 litres, we multiply the selling price per litre by the total litres: \[ SP = 25 \text{ litres} \times 33.50 \text{ Rs/litre} = 837.50 \text{ Rs} \] ### Step 4: Calculate the Profit Profit can be calculated by subtracting the cost price from the selling price: \[ \text{Profit} = SP - CP = 837.50 \text{ Rs} - 800 \text{ Rs} = 37.50 \text{ Rs} \] ### Step 5: Calculate the Profit Percentage Profit percentage is calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left( \frac{37.50}{800} \right) \times 100 = 4.6875\% \] ### Step 6: Round Off the Profit Percentage Rounding off 4.6875% gives us approximately 4.7%. ### Final Answer The profit percentage is **4.7%**. ---
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