sanjay sold him mobile Rs 2700 gaining 1/8 of its cost price. Find the cost price of the mobile
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Let the total lemons be 12.
CP of 6 lemons = ₹1
then, CP of 12 lemons = ₹2
Also, SP of 4 lemons = ₹1
then, SP of 12 lemons = ₹3
Therefore, SP is more than CP.
So, Gain = SP − CP
= ₹3 − ₹2
= ₹1
Gain percent=GainCP×100 =12×100 =50%Gain percent=GainCP×100 =12×100 =50%
Hence, the correct option is (a).
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