A merchant buys 25 litres 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 merchant buys 25 litres of milk daily at the rate of Rs. 12 per litr

1.	A merchant buys 25 litres 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.	8% profit
B.	2% profit
C.	4% profit
D.	6% profit
Answer» D. 6% profit

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A merchant buys 25 litres 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 :

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