If the S.P. of 16 books is equal to the C.P. of 17 books, find the gain % earned by book dealer.
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Answer:
Step-by-step explanation:
a/c to question,
the SP (selling price ) of 16 books is equal to the CP(cost price) of 17 books.
Let cost price of each book is x and profit is y
then, selling price of each book is (x + y)
now, 16 SP = 17CP
⇒16(x + y) = 17x
⇒16x + 16y = 17x
⇒16y = x
⇒y = x/16 ........(1)
percentage gain (profit) = profit/cost price × 100
= y/x × 100
= (x/16)/x × 100 [ from eq (1) ]
= 100/16
= 6.25 %
hence, percentage gained by the seller is 6.25% .
Answered by
1
Answer:
Answer is 6.25 write
and solve is up
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