Question

the owner of a cell phone shop charges his customer 23% more than the cost price if a customer paid Rs.7011 for a cell phone then what was the cost price of the cell phone

Answer 1

Let the CP be x

X+23x/100=7011

123x/100=7011

123x=7011×100

X=701100/123

X= 5700

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Answer 2

Answer:

Cost price of cell phone- Rs. 5700

Step-by-step explanation:

The proprietor of a cell phone store overcharges customers by 23%. What was the cost price of a cell phone if a customer paid Rs. 7011 for it.

You can construct an equation based on the provided information to determine the cost price. Let's name the cell phone's purchase price "x".

The price the consumer pays is

x + 0.23x = x(1 + 0.23)

since the owner of the cell phone store, according to the problem, adds a 23% markup to the price.

Since we are aware that the buyer paid Rs. 7011, we can construct the equation as follows:

x(1 + 0.23) = 7011

By multiplying both sides of the equation by

1 + 0.23,

we can now separate out x:

x = 7011 / (1 + 0.23)

x = 7011 / 1.23

x = 5700

Therefore, the cost price of the cell phone is Rs. 5700.

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