The loss incurred by selling a mobile phone by a shopkeeper for Rs. 22200 is the same amount as the

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24 Nov 2020 Profit & Loss

The loss incurred by selling a mobile phone by a shopkeeper for Rs. 22200 is the same amount as the profit gained after selling same mobile on 25500. What is the cost price of the mobile phone?

OPtion

1) 24000
2) 23850
3) 23700
4) 22900n
5) 21850
6) 22850
7) 22000
8) 23000
9) 24000
10) None of the above

Solution

Let the price of the mobile phone is Rs. x .
According the given situation-
x - 22200 = 25500 - x
2x= 25500 + 22200 = 47700
x = 47700/2 = Rs. 23850

Correct Option: 2 Best Solution (2)