CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

On selling a mobile phone for ₹ 9000, a shop keeper gets a profit of 5%. Find the cost price of the mobile phone.

A
₹ 8230
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
₹ 8571
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
₹ 8550
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
₹ 7500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B ₹ 8571
Let the cost price of the mobile phone be ₹ x.
On selling the mobile at a 5% profit, the selling price will be
x + 5% of x =x+5x100.

According to the provided data,
x+5x100=9000100x+5x100=9000 105x100=9000 105x=9000×100 x=900000105 x8571

Therefore, the cost price of the mobile phone is ₹ 8571.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Solving Equations with Variable on One Side
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon