A dealer gains 7% by selling a mobile phone set for ₹3852, find his gain per cent if he sell it for 4050
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Answer:
Let the CP be x.
therefore,3852=x(1+7/100)
3852=107x/100
x=3852*100/107
x=3600
so CP=3600
if SP=4050
then profit=4050-3600=450
profit %=450/3600 * 100 =12.5%
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