a milk seller buys milk at the rate of 3rs per liter. he mixes water 1/4 of it and sells the mixture at the cost price. the percentage gain is
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Answer:
Step-by-step explanation:
CP per litre of milk=Rs 3
Let x be the amount of milk.
Water mixed=(1/4) of x=x/4
Now the mixture becomes {x+(x/4)}=5x/4
Sp= cp is given.
Now,by question,
His gain=(5x/4)-x=x/4
Now gain%={(x/4)÷x}*100%
=x/4*1/x*100%
=(100/4)%
=25%
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