Question

7. Nitin sold his mobile at a profit of 5%. If he had sol
it for 2565 less, he would have incurred a loss o
4%. Find the cost price of the mobile.​

Answer 1

Answer:

28500 RS

Step-by-step explanation:

Let us consider that the cost price of mobile is = 100 RS

5% profit means = 105 RS selling price

also if we sell it 2565 rs less then the 105% he get 4 % loss

now if we watch carefully we noticed that

2565 = 9% (5% profit+ 4% loss )

=> but cost price was 100

so

=> 100/9×2565

=> 100×285

=> 28500 rs