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1964 AMC 12 Question 14

AMC12 · 1964 AMC 12

Question 14

A farmer bought $749$ sheep. He sold $700$ of them for the price paid for the $749$ sheep. The remaining $49$ sheep were sold at the same price per head as the other $700.$ Based on the cost, the percent gain on the entire transaction is:
  1. $6.5$
  2. $6.75$
  3. $7$
  4. $7.5$
  5. $8$