Question 100

Manish purchased mobile phone and got 50% concession on the marked price of the phone and sold it for Rs. 8100 with 35% profit on the price he bought. What eras the marked price?

Solution

Given

selling price of mobile=8100

a gain on mobile=35%

so,

cost price of mobile

$$CP = \frac{( SP \times 100 )}{( 100 + percentage profit)}$$

$$CP = \frac{( 8100 \times 100 )}{( 100 + 35)}$$

$$CP = \frac{( 8100 \times 100 )}{( 135)}$$

$$CP = 6000$$ (i.e after 50% discount)

so Marked price is=12000

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