A milk man mixed 1 : 4 solution of milk and water with another 1 : 2 solution of milk and water in the volume of ratio 3 : 2. If the profit earned by selling the first solution was 20% and the mixture was sold at the same price, what is the profit or loss percentage? You have to assume that water comes free of cost.
a. 5.26% profit
b. 5.25% loss
c. 6.25% loss
d. None of these
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d.c.
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