kelvin gains an amount equal to the selling price of 5 cassettes by selling 125 cassettes. find the gain percentage?
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Answer:
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Step-by-step explanation:
Let the selling price of each cassette be x,
Total sale =125x
profit =5x
Cost = Sales - Profit
=125x−5x=120x
profit % =
120x
5x
×100
=4.16 %
The gain percent is 4.16 %
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