Math Problem Statement

. A milkman adds 100 ml of water to every 1 liter of milk. He claims to make a profit of 25%. Find the actual gain percent.

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentage
Ratio and Proportion

Formulas

Selling Price (S.P.) = Cost Price (C.P.) × (1 + Profit Percent)
Gain Percent = (Gain / Cost Price) × 100

Theorems

Basic Profit and Loss formula

Suitable Grade Level

Grades 9-12