This substance is commonly known as alcohol and is also used in medicines such as tincture iodine, cough syrups, and many tonics. This is - (1) Propanol (2) Butane (3) Ethanol (4) Methanol
(3) Ethanol Explanation: Ethanol is commonly called alcohol and is the active ingredient of all alcoholic drinks. Also, it is a good solvent and is used in medicines such as tincture iodine, cough syrups, and many tonics.