In what ratio should water and alcohol be mixed so that, after selling the mixture at cost price, a profit of 33.33% is made?
A
1 : 4
B
1 : 3
C
2 : 3
D
3 : 4
Correct Option:
B
Explanation
Water costs nothing, while alcohol carries the cost. A 33⅓% profit means the free-water quantity must equal one-third of the alcohol quantity. Thus, water : alcohol = 1 : 3.
