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A shopkeeper sold a smartphone for Rs.15000. Had he offered discount of 10% on the Selling Price, he would have earned a profit of 8%. What is the Cost Price of that Smartphone?

11300

11500

12500

12300

Explanation:

S.P of Smart Phone = Rs.15000
Discount = 10%
New SP = 15000 – 1500 = Rs. 13500
Profit = 8%
CP = 13500 * 100/108 = 12500

By: Amit Kumar

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