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A merchant buys 25 ltres of milk daily a...

A merchant buys 25 ltres of milk daily at the rate of Rs. 12 per litre. He mixes 5 litres of water in it and sells at the rate Rs.10.40 per litre. His gain is:

A

8profit

B

2profit

C

4profit

D

6profit

Text Solution

Verified by Experts

The correct Answer is:
C
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