A CD player was purchased for $3,200 and $560 were spent on its repairs. It was then sold at a gain of 12 1/2%. How much did the seller receive?
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Answer:
451.20
Step-by-step explanation:
Total cost for seller = 3200+560 = 3760
Profit = 12% of 3760
= (12/100)*3760
= $451.20
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