alphonsa
Robin mixes two liquids, one blue in colour and other red in colour in the ratio 3:1 and sells the mixture at the rate of $15 per litre, thereby making a 20% profit on his outlay. The blue liquid costs Robin $2 per litre lesser than the red liquid. How much does a litre of red liquid cost?
A) $14
B) $13
C) $12
D) $11
E) $10
At a rate of $15 per liter, the selling price for a 4-liter mixture composed of 3 liters of blue and 1 liter of red = 4*15 = 60.
20% profit = 120% of the cost = 6/5 of the cost.
Since the selling price is 6/5 of the cost, the cost is 5/6 of the selling price:
Cost of 3 liters of blue and 1 liter of red = 5/6 * 60 = 50
We can PLUG IN THE ANSWERS, which represent the cost for each liter of red.
The prompt indicates that each liter of blue costs $2 less than each liter of red.
When the correct answer is plugged in, 3 liters of blue and 1 liter of red will cost $50.
B: $13, implying that the cost of each blue liter = 13-2 = 11
Cost of 3 liters of blue and 1 liter of red = (3*11) + 13 = 46
Since the cost is too low, a greater answer choice is needed.