Multiple choice

Arjun purchase a mobile phone for Rs 1350 after getting a discount of 25%. He, then sells it 5% above the marked price. The profit earned in this deal is

  1. 550

  2. 560

  3. 535

  4. 540

  5. N/A

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Suppose marked price of mobile phone is = Rs xThen, X x 75/100 = Rs 1350X = 100 x 1350 / 75X = Rs 1800Selling price of the mobile phone = Rs 1800 x 105/100= Rs 1890Earned profilt = Rs 1890 - 1350= Rs 540