Find the actual profit percentage of a milk vendor, if he sells milk using a faulty measure which reads 750 ml as 1000 ml. Select one:
a. 25%
b. 40%
c. 12%
d. 33%
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Answer: 33%
Step-by-step explanation:
Method 1:
Amount of milk sold with profit = 1000 - 750 = 250ml
The profit form 250ml = (250/750) * 100 = 33%
Method 2:
Profit+ real = (Amount of milk with faulty measure / Real amount of milk ) * 100
= (1000 / 750) * 100 = 133%
Therefore profit = 133 - 100 = 33%
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