If SP of 16 bottles is equal to CP of 17bottles,find the gain%

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Solution

Let CP of 1 bottle be Re. 1
CP of 16 bottles= Rs. 16
CP of 17 bottles= Rs. 17
SP of 16 bottles= Rs. 17
Profit= 17-16= Re. 1
Profit percentage= (Profit/CP)100
= (1/16)100
= 6.25%

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