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Q.
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 ?
A.
0.25
B.
0.3
C.
0.17
D.
0.19
View Answer
Correct choice: A
Explanation:
He has gain = 15 - 12 = 3, Gain% = (3/12) x 100 = (100/4) = 25. He has 25% gain.
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