Question

The selling price of a smartphone is ₹12000. Its cost price was ₹15000. Find the percentage loss in the price of a phone.

Answer 1

Answer:

11250

So 12000 is the selling price.

10% discount, after which the price would have been 12000–1200=10800

This 10,800 is 4% less than the cost price.

So it meand 10,800 is 96% of cost price

So 100% of cost price (actual cost price) is, (10,800/96)*100 = 11,250

Answer 2

Step-by-step explanation:

11250

So 12000 is the selling price.

10% discount, after which the price would have been 12000–1200=10800

This 10,800 is 4% less than the cost price.

So it meand 10,800 is 96% of cost price

So 100% of cost price (actual cost price) is, (10,800/96)*100 = 11,250