Multiple choice

A makes a loss of 12% by selling a phone. He gave a discount of 25% on the marked price. If the marked price of phone is Rs. 26,488, then find the cost price of phone. If he sells the phone for Rs. 30,475, then also find his loss/gain % (approx.).

  1. Rs. 21,734 and gain 25%

  2. Rs. 21,734 and loss 35%

  3. Rs. 22,575 and gain 35%

  4. Rs. 22,575 and loss 25%

  5. Rs. 22,345 and gain 15%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Marked price is 26488, so selling price after 25% discount is 26488 * 0.75 = 19866. Since this is a 12% loss, cost price = 19866 / 0.88 = 22575. If sold for 30475, gain = 30475 - 22575 = 7900, gain % = (7900 / 22575) * 100 which is approximately 35%.

AI explanation

Using the marked price of 26,488, the selling price after a 25% discount is 75% of 26,488, giving 19,866. This selling price represents a 12% loss, so the original cost price is 19,866 divided by 0.88, which results in 22,575. Selling the phone for 30,475 creates a profit of 7,900, and dividing this profit by the cost price of 22,575 gives an approximate gain of 35%.

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