If a man buys 1 lt of milk for rs.12 and mixes it with 20% water and sells it for rs.15, then what is the percentage of gain?
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Answer:
25
Step-by-step explanation:
gain=s.p-c.p
s.p=15
c.p=12
so, gain=15-12=3
now gain percentage=gain/c.p×100
3/12×100=25
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