Multiple Choice Questions on A shopkeeper sold a smartphone for Rs 15000 Had he offered discount of 10 on the Selling Price he wo........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper sold a smartphone for Rs 15000 Had he offered discount of 10 on the Selling Price he wo...........

Quant (SSC) Profit and loss
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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

    Incorrect Answer

    11500

    Incorrect Answer

    12500

    Correct Answer

    12300

    Incorrect Answer
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    Explanation:

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

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