Kavita sold a mobile phone at the price of Rs. 1950 and made a loss of 25%. At what price will she have…
A 25 per cent loss means the selling price is 75 per cent of cost, so the cost price is \(\frac{1950}{0.75}=2600\). For a 30 per cent profit the selling price must be…
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Kavita sold a mobile phone at the price of Rs. 1950 and made a loss of 25%. At what price will she have to sell it to get a profit of 30% ?
Answer and explanation
Correct answer D
A 25 per cent loss means the selling price is 75 per cent of cost, so the cost price is . For a 30 per cent profit the selling price must be rupees.
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