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17 January, 04:23

A phone salesman purchases 100 phones for $2,500. A new model then becomes available, meaning he is forced to sell each phone for $20 each. What is his percentage loss? Round your answer to the nearest whole percent.

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  1. 17 January, 04:34
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    he'd lose 20%

    Step-by-step explanation:

    $2500:100=$25

    here $5 is equivalent to 20%

    if he used to sell each phone for $25 and now he sells them for $20 he loses 20%
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