Quick logic: inspired room air is 21% oxygen; the rescuer's body uses some, so expired air must be lower, and the textbook figure for that expired air is 16%.
Eliminate the traps. 21% is the answer for an Ambu bag filled with room air, not for breath given by a person. 100% applies only to a high-flow oxygen source such as a cylinder with a reservoir. 10% would be hypoxic and could not sustain a patient.
So 16% is correct. Practically, mouth-to-mouth ventilation pushes about 0.8 to 1.2 L per breath of this 16% oxygen, 4% carbon dioxide mixture, which keeps a patient oxygenated long enough for resuscitation. The AHA notes tidal volumes of roughly 500 to 1000 mL, with smaller volumes preferred to limit gastric inflation.
Ref: Resuscitation physiology; AHA CPR.