by selling 130 cassettes a man gains an amount equal to the selling price of 3 lemons find his loss percentage
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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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