can you please explain me this answer step by step
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585
1950 ÷ 10 = 195
195 × 3 = 585
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First let's find the CP of the mobile
CP = [100 / (100 – 25)] x 1950
CP = [100/75] x 1950
CP = 195000/75
CP = 2600
Now, we need 30% Profit on the mobile
New SP = 2600 x 130/100
New SP = 26 x 130
So, the required SP = Rs 3380
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