Question

The selling price of 16 lemons is equal to the cost price of 17. Find the gain percent

Answer 1

Answer:

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Step-by-step explanation:

Answer 2

Let the CP be ₹1

So SP of 16 lemons = CP of 17 lemons

CP of 17 lemons= ₹17

SP of 16 lemons = ₹17

SP of 1 orange = 17/16 = ₹1.0625

Since SP>CP

It's a profit of 0.0625

Profit % = 0.0625÷1× 100 = 6.25%

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