Math Problem Statement

a milkman adds 100 ml of water to every 1 liter of milk. he claims to make 25% profit find the actual gain percentage

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Mixtures and Alligations
Percentage

Formulas

Selling Price (SP) = Cost Price (CP) + Profit
Profit Percentage = (Gain / Actual CP) * 100
Mixture Volume = Milk Volume + Water Volume
Adjusted Profit Percentage = (Profit / CP) * (1000 / Total Volume)

Theorems

Basic Profit and Loss Theorem
Percentage Calculation

Suitable Grade Level

Grades 9-12