On the bases of the Gibbs-Bogoliubov (GB) inequality and the Percus-Yevick (PY) hard sphere model as a reference system, a thermodynamic perturbation method has been applied with use of well recognized model potential. By applying a variation method the best hard core diameters have been found which correspond to minimum free energy. With this procedure the thermodynamic properties such as entropy and heat of mixing have been computed. The influence of local field correction function viz; Hartree (H), Taylor (T), Ichimaru-Utsumi (IU), Farid et al. (F) and Sarkar et al. (S) is also investigated. The computed excess entropy compares favourably in the case of liquid alloys while the agreement with experiment is poor in the case of heats of mixing. This may be due to the sensitivity of the heats of mixing, as pointed out already by them, with the potential parameters and the dielectric function.