How many litres of water should be added to 25 litres of milk costing Rs. 12 per litre, so that by selling the mixture at the cost price, profit of 20% is made ?
3 litres
5 litres
8 litres
10 litres
2 litres
CP of Rs 25 litres of milk = 25*12 = 300,
Profit = 20%,
So SP of 25 litres of milk = 120% of 300 = (120/100)*300 = 360,
So profit = 60,
Now at the rate of Rs12 per litre, we can buy 60/12 = 5 litres of milk.