A man purchased 25 litres of milk at the cost price of Rs.25 per litre. Now he added 5 litres of water to it and sold the mixture at the cost price. Find the profit percentage for the man.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 20%.
The total cost of the milk = 25 × 25 = Rs.625
The cost of the water = 5 × 25 = Rs.125
Profit percentage = 125/625 × 100 = 20%