Question 2. By selling 25 litres of milk at Rs. 50 per litre, a
milkran earns a profit equivalent to the cost price of 5 litres.
Find the profit percentage.
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Given:
Cost of milk per litre = Rs. 50
Selling price of 25 litres of milk (S.P) = Rs. 25×50 =Rs. 1250
Profit percentage (P%) =?
Solution:
Let, C.P be x. Then total C.P of 25 litres of milk will be 25x.
According to question
Profit amount (P) = Cost price (C.P) of 5 litres milk
P = C.P = 5x
To find P%
P% = P/C.P × 100%
= 5x/25x × 100%
P% = 20%
Hence, a milkman earns a profit percentage of 20%.
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