Correct Answer - Option 2 : 1 : 4
Given
Cost price of Milk = Rs 6/litre
Calculation
We want to sell the mixture at cost price and still gain 25%.
So, we simply add 25% of water
25% of water means = 25/100 = 1/4
so, the ratio of water and milk to gain 25% profit = 1 : 4
∴ The required answer is 1 : 4.