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Question

If the selling price of 16 water bottles is equal to the cost price of 17 water bottles, find the gain per cent earned by the dealer.


Solution

Let C.P. of 17 water bottles = Rs. 17Then C.P of one bottleRs.1717 = Re.1and S.P. of 16 bottles = Rs.17then S.P, of 1 bottle =Rs.1716gain = S.P - C.P.=171611=Rs.116gain%=gain×100C.P=116×1001=10016=614% Ans.


Mathematics
Secondary School Mathematics VIII
Standard VIII

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