A milk vendor mixes water with milk and sells the mixture at the same price per liter as if it were undiluted milk. The selling price per liter of the mixture is the vendor’s cost per liter of the milk plus a markup of
x %. The water costs the vendor nothing. If the vendor gets a 50% profit on the sale of the mixture, what is the value of
x ?
(1) If the vendor mixes half the intended quantity of water and sells every liter of the mixture at the cost price per liter of the undiluted milk, the vendor will get a 10% profit.
(2) The concentration of milk in the mixture after adding water is 5/6.
ID: 700325
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m/M=1+x/100 ...... (i)
We can find x from here.
SUFFICIENT.
If we substitute this in i, we can get x.
SUFFICIENT.