If the selling price of 16 water bottle is equal to the cost price of 17 bottle find the gain percentage earned by the dealer
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let us take cost price of one bottle = Rs.16
CP of 17 bottles = 17 x 16 = Rs.272 = SP of 16 bottles
SP of one bottle = 272/16 = Rs.17
Profit = 17 - 16 = Re.1
profit in percent = 1/16 x 100 = 6.25%
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