In what ratio must water be mixed with milk to gain 16 2/3 % by selling the mixture at cost price?
Q1. In what ratio must water be mixed with milk to gain 16 2/3 % by selling the mixture at cost price?
Answer: 1:06
Explanation: To gain 1/6 (16⅔%) by selling at cost price, water:milk = gain fraction = 1:6.