A mobile dealer sells a mobile at a discount of 25% on its marked price and earns a profit of 10%. If the marked price of the mobile is 8800, what will be the cost price of the mobile? 6075

Discount = 25% .

Profit = 10%.

Marked price of mobile = Rs.8800.

Cost Price of the mobile

As we know that, their is no direct relation between Mark price and cost price . so we have to work on selling price of the mobile.

So,

→ MP of mobile = Rs.8800

→ Discount = 25% .

than,

→ SP of mobile = MP * (100 - discount%) / 100

→ SP of mobile = 8800 * (100 - 25) / 100

→ SP of mobile = 88 * 75

→ SP of mobile = Rs.6600 .

Now,

→ SP of mobile = Rs.6600

→ Profit % = 10% .

than,

→ CP of mobile = SP * 100 / (100 + Profit%)

→ CP of mobile = 6600 * 100 / (100 + 10)

→ CP of mobile = (6600 * 100) / 110

→ CP of mobile = 60 * 100

→ CP of mobile = Rs.6000 . (Ans.)

Hence , Cost Price of the mobile is Rs.6000.

I hope it will help you.

Regards.

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