Question

А

The marked price of a mobile is 25% above its cost price, When it is sold at a gain of
10%, the profit amounts to Rs 725. Find the marked price of the mobile.
​

Answer 1

The marked price is Rs 823.86

Explanation:

Let the cost price be Rs x. The marked price of the mobile is 25% above its cost price. Therefore:

The marked price = x + 25%(x) = 1 + 0.25x = 1.25x

When the mobile phone is sold at a gain of 10%. the profit is Rs 725, to find the cost price we use:

x + 10%(x) = 725

x + 0.1(x) = 725

1.1x = 725

x = 725/1.1 = 659.09

The cost price is Rs 659.09. Therefore the marked price is given as:

Marked price = 1.25x = 1.25(659.09) = 823.86

The marked price is Rs 823.86