a man sold a mobile phone for rupees 6251 and lost one upon 20 of cost price find the CP of mobile phone and his loss percent
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≡QUESTION≡
A man sold a mobile phone for rupees 6251 and lost one upon 20 of cost price. Find the CP of mobile phone and his loss percent.
║⊕ANSWER⊕║
Selling price = 6251
Cost price = x
Cost price - Selling price = 1/20 of cost price
x - 6251 = 1/20 x
x - 6251 = x/20
20(x- 6251) = x
20x - 125020 = x
20x - x = 125020
19x = 125020
x = 6580
⇒ Cost price of the mobile phone is Rs. 6580.
Loss = 6580 - 6251 = Rs.329
Percent = 329/6580 x 100 = 5%
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