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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Answer:
1000 * 15% = 150
1000+150 =. 1150
1000 =. 20
1 = 20/1000 = 1/5
1150 = 1/5 * 1150 =
Then the profit percentage is
21-20=1
1/20*100=5%
Answer = 5%
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