Question: A man mixes 8 liters of milk priced at Tk. 550 per liter with 6 liters of milk priced at Tk. 650 per liter. He then adds some water so that the final mixture can be sold at Tk. 500 per liter without profit or loss. How many liters of water are added?
Solution:
Given,
Milk-1: 8 L, 550 Tk/L
Milk-2: 6 L, 650 Tk/L
Final mixture price = 500 Tk/L
Suppose,
Water added = x Liter
Total cost of the milk:
(8 × 550) + (6 × 650)
= 4400 + 3900
= 8300 Tk
Total milk = 8 + 6 = 14 Liter
After adding water,
New volume = (14 + x) Liter
The average price of the mixture is 500 Tk/L.
So total value of the final mixture = 500(14 + x)
New equation:
500(14 + x) = 8300
⇒ 7000 + 500x = 8300
⇒ 500x = 8300 - 7000
⇒ x = 1300/500
∴ x = 2.6 Liter
∴ 2.6 Liter of water was added to the mixer.