Question

if the selling price of 16 water bottle is equal to the cost price of 17 water bottles .find the gain or loss percent of the dealer ​

Answer 1

Answer:

Let the selling price of each bottle be y.

Let the cost price of each bottle be x.

According to the question,

16y=17x

⟹

x

y

=

16

17

Gain %=(

x

y

−1)×100

⟹Gain %=(

16

17

−1)×100=6.25%

Answer 2

Step-by-step explanation:

(S.P. – C.P.) of 1 water bottle=1716x−x=x16. From the above solution, the gain percent we have calculated is 6.25%. Hence, the gain per cent of a dealer is 6.25%.