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1. In what ratio must water be mixed with milk to gain 1623%  on selling the mixture at cost price?

Solution:
Let C.P. of 1 litre milk be Rs. 1
S.P. of 1 litre of mixture = Rs. 1, Gain = 503 %
∴ C.P. of 1 litre of mixture = 100×3350×1    = 67
BY the rule of alligation, we have:
Alligation mcq solution image
∴ Ration of water and milk = 17 : 67 = 1 : 6

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