Question

Karan sold his mobile phone at a profit of 20%.had he sold it for ₹1500 more, he would have earned at a profit of 25%.find the cost price of his phone?

Answer 1

Let the CP of the article = Rs. x

120% of x + 1500 = 125% of x

125% of x - 120% of x = 1500

5% of x = 1500

5x/100 = 1500

x = 150000/5

x = 30000

Answer 2

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