GMAT (Graduate Management Admission Test) Question:
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How many litres of water should be added to a 30 litre mixture of milk and water containing milk and water in the ratio of 7 : 3 such that the resultant mixture has 40% water in it?

Answer:

1. 7 litres
2. 10 litres
3. 5 litres
4. None of these

Ans : C

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A merchant mixes three varieties of rice costing Rs.20/kg, Rs.24/kg and Rs.30/kg and sells the mixture at a profit of 20% at Rs.30 / kg. How many kgs of the second variety will be in the mixture if 2 kgs of the third variety is there in the mixture?How many kgs of Basmati rice costing Rs.42/kg should a shopkeeper mix with 25 kgs of ordinary rice costing Rs.24 per kg so that he makes a profit of 25% on selling the mixture at Rs.40/kg?