Question

A cellular phone when sold for Rs 4,600 fetches a profit of 15%. Find the cost price of the cellular
phone​

Answer 1

Answer:

4000 is the cost of cellular phone

Answer 2

The Cost Price is Rs 4000

Given

Selling price of the cellular phone = Rs 4600

Profit Percentage   = 15%

To find

We need to find the cost price of cellular phone.

solution

Cost Price = 100 × $\frac{Selling Price}{100+profit Percentage}$  

                 = 100 × $\frac{4600}{100+15}$

                 = 100 × $\frac{4600}{115}$

               

                = 100× 40

                =4000

Hence the Cost Price is Rs 4000

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