Quant Exam  >  Quant Questions  >  A milkman defrauds by means of a false measur... Start Learning for Free
A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.
  • a)
    15%
  • b)
    30%
  • c)
    60%
  • d)
    45%
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A milkman defrauds by means of a false measure to the tune of 20% in b...
Let cost of 100 liter of milk is 100 Rs
Free Test
Community Answer
A milkman defrauds by means of a false measure to the tune of 20% in b...
Given:
- The milkman defrauds by means of a false measure to the tune of 20% in buying.
- The milkman defrauds to the tune of 25% in selling.
- He proffesses to sell the milk at cost price.

To Find:
- The overall percentage gain of the milkman.

Solution:
Let's assume the cost price of 1 liter of milk is $100.

Buying Fraud:
- The milkman defrauds by means of a false measure to the tune of 20% in buying.
- So, he actually buys 80% of the declared measure.
- Therefore, he buys (80/100) x 1 liter = 0.8 liters.

Selling Fraud:
- The milkman defrauds to the tune of 25% in selling.
- So, he actually sells 75% of the actual measure.
- Therefore, he sells (75/100) x 0.8 liters = 0.6 liters.

Overall Gain:
- The milkman proffesses to sell the milk at cost price.
- But he actually sells only 0.6 liters instead of 1 liter.
- So, his overall gain is (1 - 0.6) / 0.6 x 100% = 0.4 / 0.6 x 100% = 0.66 x 100% = 66%.

Conclusion:
- The milkman's overall percentage gain is 66%.
- Hence, the correct answer is option 'C' - 60%.
Explore Courses for Quant exam
Question Description
A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
Solutions for A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant. Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A milkman defrauds by means of a false measure to the tune of 20% in buying and also defrauds to the tune of 25% in selling. Find his overall % gain if he proffesses to sell the milk at cost price.a)15%b)30%c)60%d)45%e)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Quant tests.
Explore Courses for Quant exam

Top Courses for Quant

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev