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  • 11-09-2020
  • Mathematics
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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
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lifelongknowledge62 lifelongknowledge62
  • 11-09-2020

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%

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