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A milkman purchases 10 litres of milk at Rs. 7 per litre and forms a mixture by adding freely available water which constitutes 16.66% of the mixture. Later on he replaced the mixture by some freely available water and thus the ratio of milk is to water 2:1. He then sold the new mixture at twice the cost of milk then what is the profit percentage?

1)68%

2)34%

3)40%

4)none of these


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    68%

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  • Exam: Profit and Loss QUESTIONS





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