Question

Kumud bought a mobile phone at ruppes 2050 and sold it at a profit of 12 %. Find the
selling price of the mobile.​

Answer 1

S.P = Rs 2296

Step-by-step explanation:

Given:

• Cost price of mobile phone is Rs 2050.
• Profit percent earned on selling is 12% .

To Find:

• What is the selling price of phone ?

Solution: To find selling price when cost price and profit percent are given we use the following formula

S.P = (100 + Profit%/100) × C.P

Putting the values on the formula

$\implies{\rm }$ S.P = (100 + 12/100) × 2050

$\implies{\rm }$ 112/100 × 2050

$\implies{\rm }$ 112/10 × 205

$\implies{\rm }$ 112/2 × 41

$\implies{\rm }$ 56 × 41

$\implies{\rm }$ 2296

Hence the selling price of mobile phone is Rs 2296.

[ Verification ]

Now we have

• S.P = Rs 2296
• C.P = Rs 2050

Here is profit so Profit = S.P – C.P

Profit = Rs (2296 – 2050)

Profit = Rs 246

Profit % = Profit/C.P × 100

12 % = 246/2050 × 100

12 % = 24600/2050

12 % = 12 %

$\large\bold{\texttt {Verified }}$

Answer 2

Answer:

• Cost Price (CP) = Rs. 2050
• Profit% = 12%
• Selling Price (SP) = ?

$\underline{\bigstar\:\textsf{According to the given Question :}}$

$:\implies\sf Selling\:Price=Cost\:Price \times (100+Profit)\%\\\\\\:\implies\sf SP=2050 \times (100+12)\%\\\\\\:\implies\sf SP=2050 \times 112\%\\\\\\:\implies\sf SP=2050 \times \dfrac{112}{100}\\\\\\:\implies\sf SP=\dfrac{229600}{100}\\\\\\:\implies\sf SP=Rs. \:2296$

⠀

$\therefore\:\underline{\textsf{Selling Price of the phone is \textbf{Rs. 2,296}}}.$