By selling 130 cassette,aBy selling 130 cassettes a man gains an amount equal to the selling price of5 cassettes Find the gain %
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let the cost price of each cassette be rs.10
cost price of 130 casts = 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 = 1300/125 * 5
= 52
he gained Rs. 52 on selling 130 cassettes
gain℅= gain/total cp * 100
= 52/1300*100= 4℅
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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 =1251300×5=52
He gained Rs.52 on selling 130 cassettes
So,
Gain %=Total CPGain×100
=130052×100
=4
Therefore gain percent is 4%
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