in what ratio must water be mixed with milk to gain 10% by selling the mixture at cost price
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Let Cost Price(C.P) of milk be Rs. 1 per litre. Then, Selling Price(S.P) of 1 litre of mixture = Rs. 1 Gain obtained= 20% Then, C.P of 1 litre of mixture = Rs (100/120)*1 = Rs. 5/6.
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