Question

6. If the selling price of 16 water bottles is equal to the cost price of 17 water bottles,find the gain per cent earned by the dealer​

Answer 1

Answer:

5.88%

Explanation

$profit \: percentage \: = \frac{profit}{total} \times 100$

Let cost = X

selling price = 16x

cost price = 17x

profit = 17x - 16x

percentage = X. X 100

17X

= 100/17

=5.88%