If the selling price of 16 water bottles is equal to the cost price of 17 water bottles find the gain percent earned by the dealer

Question

asked Nov 22, 2021 91.2k views

1 Answer

Mike Gwilt · Answer 1 · 2021-11-28T17:22:50+0000

Answer:

let cp of 17 water bottle is x

cp of 1 water bottle = x/17

from the question

sp of 16 water bottles = x

sp of 1 water bottle = x/16

profit = sp -cp

= x/16 - x/17

= x/272

profit % = profit /cp * 100%

= (x/272)/ (x/17) * 100%

= 6.25%