# By selling125cassettes ,a man gains an amount equal to selling price of 5 cassettes. Find the gain percent

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by sanjalakshi

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by sanjalakshi

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Total selling price = 125x

Profit = 5x

Total Cost price = 120x

Cost of each cassette = 120x/ 125 = 0.96x

Profit on each cassette = 0.04x

Profit % = 4 %

SP of 125 casettes = Rs 125x

Profit gained = Rs 5x

CP = SP - Profit

CP = 120x

Profit % = (Profit/CP) * 100

Profit % = (5x/120x)*100

Profit % = 4.16%