document.write( "Question 1205958: Concentrated acid costing 90 c per litre is diluted with water in the ratio 1:5 by volume. The diluted acid is sold at 24 c per litre. What is the percentage profit? \n" ); document.write( "

Algebra.Com's Answer #843083 by ikleyn(52790) $\"\"$ $\"About$

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\n" ); document.write( "Concentrated acid costing 90 c per litre is diluted with water in the ratio 1:5 by volume.
\n" ); document.write( "The diluted acid is sold at 24 c per litre. What is the percentage profit?
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document.write( "Let's assume that we bought 1 liter of the concentrated acid at the bying price of 90 cents.\r\n" );
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document.write( "We then diluted it with water in the ratio 1:5 by volume. \r\n" );
document.write( "So, we have now 6 liters of the diluted mixture.\r\n" );
document.write( "Assume that water id for free, i.e. at no charge.\r\n" );
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document.write( "So, we have now 6 liters of the mixture by spending 90 c.\r\n" );
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document.write( "Next, we sold 6 liters of the mixture for 6 * 24 c = 144 c.\r\n" );
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document.write( "We have the profit of  144 c - 90 c = 54 c.\r\n" );
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document.write( "The percentage profit is   =  = 0.6 = 60%.\r\n" );
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document.write( "ANSWER.  The percentage profit is 60%.\r\n" );
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