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Steve is a milkman. He mixes 3 liters of water to every 7 liters of milk and sells at 20% more price than the

Steve is a milkman. He mixes 3 liters of water to every 7 liters of milk and sells at 20% more price than the price at which he bought milk. Assuming that water cost free, what will be the profit earned by Steve? (in %) 1. 50 2. 71.43 3. 66.67 4. 54.82 5. 75

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