Multiple choice

Puneet, the shrewd and unethical milk man, buys pure unadulterated milk from Frontier Dairy Junction. He then adds water equal to 10% of the volume of milk before he sells the mixture. He further marks the price of the adulterated milk up by 10% the price of pure milk. What discount he should offer on the marked price so that he will have no profit no loss?

  1. 17.4%

  2. 21%

  3. 18%

  4. 20%

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A Correct answer