A mobile phone is sold for $3,120 at a loss of 4%. W

1.	A mobile phone is sold for $3,120 at a loss of 4%. W
Answer» SOLUTION:- LET the cost PRICE be Rs 'x'. On selling the radio at Rs. 3120, the loss is 4 %. So, according to the question x - (4/100)x = 3120 24X/25 = 3120 x = (312025)/24 x = 78000/24 x = Rs. 3250 S, Cost Price of the radio is Rs. 3250. Now, if it is sold at Rs. 3445, then the gain = 3445 - 3250 = Rs 195 Gain PERCENTAGE = (Profit/CP)100 = (195/3250)100 Gain = 6 % Answer.

Answer»

LET the cost PRICE be Rs 'x'.

On selling the radio at Rs. 3120, the loss is 4 %.

So, according to the question

x - (4/100)*x = 3120

24X/25 = 3120

x = (3120*25)/24

x = 78000/24

x = Rs. 3250

S, Cost Price of the radio is Rs. 3250.

Now, if it is sold at Rs. 3445, then the gain = 3445 - 3250

= Rs 195

Gain PERCENTAGE = (Profit/CP)*100

= (195/3250)*100

Gain = 6 %

Answer.

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