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A merchant buys 25 litres of milk daily at the rate of ₹ 12 per litre. He mixes 5 litres of water in it and sells at the rate ₹ 10.40 per l…

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A merchant buys 25 litres of milk daily at the rate of ₹ 12 per litre. He mixes 5 litres of water in it and sells at the rate ₹ 10.40 per litre. His gain/loss is:
  • A8% profit
  • B2% profit
  • C4% profit
  • D6% profit
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CCommunity
4% profit