SP per liter of mix = CP per liter of milk + x% mkup
(Notice per liter here) ----->
(1)Entire mixture (milk + water) is sold at the price of the milk (assuming water is also milk) - There is a 50% profit on the sale of Mixture
Let's assume we started with
100 liters of milk and CP per liter of milk is $1
Stmt 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.Let water be y liters
100 liters + y/2 water sold at the cost per liter of milk (no water) gives 10% profit. Since water has no cost, CP of mix = $100, SP of mix = $110 (10 liters of water added)
100 liters + y water sold at the cost per liter of milk (no water) gives 20% profit. Since water has no cost, CP of mix = $100, SP of mix = $120 (20 liters of water added)
Now actual SP of mix with markup is $150
SP of 120 liters of mix is $150
SP of 1 liter of mix = (150/120) = $1.25
Now go to equation 1:
SP per liter of mix = CP per liter of milk + x% mkup
$1.25 = $1 + $0.25
$0.25 markup on $1 means a 25% markup . So, x = 25%
--> SUFFICIENTStmt 2: The concentration of milk in the mixture after adding water is 5/6.Again assuming 100 liters of milk, w liters of water
100/(100 + w) = 5/6, gives w = 20 liters, same as what we got in statement 1. So, by same calculation as statement 1, x = 25%.
--> SUFFICIENTHence, D is the answer. Each statement alone is sufficient.