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Sagot :
The profit on each television as a percentage of its cost price is 50%.
Given that,
- The cost price of the television should be $640 each.
- The sale price of the television should be $960 each.
Now the profit percentage on each television of the cost price is:
[tex]= \frac{Sale\ price - cost\ price}{Cost\ price} \\\\= \frac{\$960 - \$640}{\$640}\\\\= \frac{\$320}{\$640}[/tex]
= 50%
Therefore we can conclude that the profit on each television as a percentage of its cost price is 50%.
Learn more about the profit here: brainly.com/question/9281343
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