By selling130cassettes ,a man gains an amount equal to selling price of 5 cassettes. Find the gain percent
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Let the SP of each cassette be x
SP =130x
CP=SP-gain=130x-5x=125x
Gain=SP-CP=130x-125x=5x
Gain%=Gain/CP×100=5x/125x×100=5/125×100
=1/25×100=100/25=4%
Thus Gain%=4%
SP =130x
CP=SP-gain=130x-5x=125x
Gain=SP-CP=130x-125x=5x
Gain%=Gain/CP×100=5x/125x×100=5/125×100
=1/25×100=100/25=4%
Thus Gain%=4%
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