A dishonest milkman buys milk at rs 20 per litre and adds 1/3 of water to it and sells the mixture at rs 25 per litre. his gain is
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Cost of 1 litre = Rs.20
Water added = 1/3
Hence total amount = 1 + 1/3 = 4/3 litres
S.P of 1 litre = 25
S.P of 4/3 litre = 100/3 Rs.
Gain = 100/3 - 20 = 40/3
Gain% = G/C.P *100 = 40/3*20 * 100 = 66.67%
Hence his gain is 66.67 %.
Hope it helps
Water added = 1/3
Hence total amount = 1 + 1/3 = 4/3 litres
S.P of 1 litre = 25
S.P of 4/3 litre = 100/3 Rs.
Gain = 100/3 - 20 = 40/3
Gain% = G/C.P *100 = 40/3*20 * 100 = 66.67%
Hence his gain is 66.67 %.
Hope it helps
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