By selling 125 cassettes a man gains an amount equal to the selling price of 5 cassettes. Find he gain percent
Let the SP of one cassette be Rs. x.
Then,
SP of 5 cassettes(Profit) = Rs. 5x
SP of 125 cassettes(Total SP) = Rs. 125x
CP of 125 cassettes = SP - Profit = Rs. (125x - 5x) = Rs. 120x
Therefore, Gain % = (gain/CP) * 100 = (5x/120x) * 100 = 4.16% (approx.)