Question

if the selling price of 16 water bottles is equal to the cost price of 17 Water bottles find the gain percent on by the dealer

Answer 1

Answer:

6.25%

Step-by-step explanation:

Let, the C.P. of 1 water bottle is Rs. 1

Then, C.P. of 17 water bottles are Rs. 17

So, The S.P. of 16 water bottles are Rs. 17

C.P. of 16 water bottles are Rs. 16

Gain on selling 16 water bottles are Rs. (17 - 16) = Rs. 1

Gain% = (1/16)*100 %

           = 100/16 %

           = 6.25%