A man buys 1litre of milk for rupees 20 and mix it with 15% of water. He then sells this formed milk at rupees 15 per litre. Find the percentage of loss in this case?
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Step-by-step explanation:
suppose the LCM of 20&15=60
so he buy 3L of milk in ₹60
so he buy 3000ml of milk in ₹60
he added 15% of water in it = 3000/100*15 =450ml
so he added 450ml of water in it
so the total of milk and water = 3L 450ml
=3.45L
so he sell the 1L of formed milk in ₹15
so he sell the 3.45L formed milk in 345/100*15 =₹51.75
so the loss = CP-SP
= 60-51.75 = ₹8.25
so the loss percentage = 8.25/60*100
=₹13.75(ANS)
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