Question

A shopkeeper sold a mobile phone to Sathwik at 21,500, thus
making a profit of 3 250. What is the cost price of the mobile
phone?​

Answer 1

Answer:

Interpreting terms in the most common way:

The discounted price would be Rs12,000 x 90/100 =Rs 10,800.

Rs 10,800 = a loss of 4% i.e.96% of cost price = cost price/100x96

therefore cost price = Rs 10,800x100/96x100 = Rs 11,250.

Answer: Rs 11,250.

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Answer 2

Answer:

Interpreting terms in the most common way:

The discounted price would be Rs12,000 x 90/100 =Rs 10,800.

Rs 10,800 = a loss of 4% i.e.96% of cost price = cost price/100x96

therefore cost price = Rs 10,800x100/96x100 = Rs 11,250.

Answer: Rs 11,250.

Step-by-step explanation:

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