Question

if the selling price of 16 water bottle is equal to the cost price of 17 water bottle, find the gain percent earned by the dealer

Answer 1

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Answer 2

Let the  Cost Price of each bottle = x
Cost Price of 17 bottles  = 17x
Selling price of 16 bottles = 17x
Selling Price of 1 bottle = 17x/16
The gain % of per bottle is [(17/16)x/x] = 6.25% Profit