Jugmohan sold his old cell phone for Rs 1,850 and earned a profit of 25 percent. At what price did J

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30 Mar 2021 Profit

Jugmohan sold his old cell phone for Rs 1,850 and earned a profit of 25 percent. At what price did Jugmohan buy the Cell phone?

OPtion

1) Rs 1250
2) Rs 1380
3) Rs 1260
4) Rs 1400
5) Rs 1440
6) Rs 1480
7) Rs 1520
8) Rs 1500
9) Rs 1560
10) None of the above

Solution

C.P. = 100/(100+Profit per cent)×S.P.
=100/125×1850= Rs.1480

Correct Option: 6 Best Solution (2)