Question

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

Answer 1

SP=16 , CP=17
=SP/CP =17/16
SP/CP - 1 =17/16 - 1
=17 - 16/16
=1/16
SP/CP X 100 = 1/16 X 100
=6.25% ANS