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A retailer originally bought 50 equally priced phones for a total of z dollars. If he sold each phone for 25% more than he paid for it, then in terms of z, how much was each phone sold for?

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A retailer originally bought 50 equally priced phones for a total of <em>z</em> dollars. If he sold each phone for 25% more than he paid for it, then in terms of <em>z</em>, how much was each phone sold for?






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