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Quantitative Aptitude
Profit, Loss & Discount
A dishonest s...
Question
A dishonest shopkeeper sells milk at 20% gain and also he add water in the ratio 4:1 in it. What is his total profit?
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Solution
Let the cost price of milk be
C
Then Sale price=
C
×
6
5
×
5
4
So Profit % =
50
%
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