100. Teld spent 130 1r paltting it. He then
sold it for 1375. Find his profit per cent.
8. A dealer bought a machine for 2200. He spent 300 on repair and then sold it at a loss of
4% due to low demand. Find the selling price of the machine.
9. A dealer sold two black & white TV sets for 1980 each. He gained 10% on one of them and
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Answer:
Let the cost price of each cassette be Rs.10
Cost price of 130 cassette =130×10=1300
By selling, he gained SP of 5 cassettes
therefore,
Cost price of 130 cassettes = Selling price of 125 cassettes
SP of 5 cassettes =
125
1300
×5=52
He gained Rs.52 on selling 130 cassettes
So,
Gain %=
Total CP
Gain
×100
=
1300
52
×100
=4
Therefore gain percent is 4%.
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