A Milkman bought 25 litres of milk at ₹35 per litre. He added 10 litres of water to it and sold the water mixed milk at ₹40 per litre. What was his Profit?
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Answer:
Cost price of one litre milk=Rs.25
After adding 1/4 liter of water, we can say that
CP of (1+
4
1
)l=
4
5
l=Rs.25
⟹costof1lmilk=Rs.(\cfarc{25\times 4}{5})=Rs.20$$
SP=Rs.25
gain%=
20
25−20
×100
⟹gain=25%
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