A dishonest milkman professes to sell his milk at cost price but he mixes it with water and there by gains 25%. The percentage of water in the mixture is
Question
Solution 1
This problem can be solved by understanding the concept of profit percentage and mixture.
The milkman gains 25% profit by selling the milk at the cost price. This means that the cost price of 1 litre of milk is the same as the selling price of 1.25 litres of the mixture (milk + water).
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