n what proportion water must be added to spirit to gain 33.33% by selling it at the cost price ?Options :1:31:41:51:2
Question
Solution 1
To solve this problem, we need to understand that gaining 33.33% by selling at cost price means that 1/3 of the final mixture is water. This is because the profit is made by adding water, which is essentially free, to the spirit.
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