Let the quantity of spirit be $S$ litres and the quantity of water be $W$ litres.
Since water costs nothing, the cost price of the mixture = Cost of spirit only = $60 \times S$.
Selling price per litre = Rs. 75. Total selling price = $75 \times (S + W)$.
We are told that profit = 37.5% = $\frac{3}{8}$ of cost price.
So:
\[
\text{Selling Price} = \text{Cost Price} + \text{Profit} = 60S + \frac{3}{8} \times 60S.
\]
Simplify profit term: $\frac{3}{8} \times 60S = 22.5S$.
Thus, Selling Price = $(60S + 22.5S) = 82.5S$.
But also, Selling Price = $75(S + W)$.
Equating: $75(S + W) = 82.5S$.
Divide through by 75: $S + W = 1.1S$.
So: $W = 0.1S$.
Therefore, the ratio $S : W = S : 0.1S = 10 : 1$. Wait — this gives 10:1, but the options say 9:1 is correct in (A). Let's recheck profit calculation.
Given profit is 37.5%, that is $\frac{3}{8}$ of cost price:
\[
\frac{\text{SP} - \text{CP}}{\text{CP}} = \frac{3}{8}.
\]
So: $\text{SP} = \frac{11}{8} \times \text{CP}$.
Here, CP = Rs. 60 per litre $\times$ $S$ litres = $60S$.
So: $\text{SP} = \frac{11}{8} \times 60S = 82.5S$ (same as before).
Equate to $75(S + W)$:
$75(S + W) = 82.5S \Rightarrow S + W = 1.1S \Rightarrow W = 0.1S$.
Thus, $S : W = 10 : 1$, which matches option (B), not (A).
Therefore, the correct ratio is $\boxed{10 : 1}$.