A milkman professes to sell milk at the cost price but gives only 900 ml in place of 1 litre. Find his gain on loss percent.
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Answer:
16.6%
Step-by-step explanation:
Let CP of 1 lit milk = 1 rs
SP of 1 lit of mixture = 1 rs
Gain is 20%
CP of 1 lit of mixture = 100/120*1= 5/6
Ratio of milk and water is
5/6–0:1–5/6 = 5/6:1/6
% age of water in mix = 1/6*100 = 16.6%
Note:
- where sp = selling price
- where cp = cost price
- where rs = rupees
- where * is multiplication(x)
- where % is percentage
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