Arithmetic Ability
Profit and Loss

19 / 102

Q.

A shopkeeper sold a mobile phone for Rs. 12000. Had he offered discount of 10% on the selling price, there would be a loss of 4%. What is the cost price of that Mobile phone?

View Answer

Correct choice: B

Explanation:

Given that SP = Rs. 12000 - 10% = Rs. 10,800 Loss% = 4 We know that, C.P = 100/(100 - Loss%) x 100 => 100/100-4 x 10800 => 1080000/96 C.P = Rs. 11,250
19 / 102