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
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