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The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?
- a)Rs. 6785
- b)Rs. 6800
- c)Rs. 7513
- d)Rs. 6830
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
The profit earned after selling a mobile phone for Rs. 7090 is the sam...
According to the given information,
Let’s assume the cost price of mobile phone is Rs. x
Selling Price when profit earned = Cost Price + Profit = Rs. 7090
Selling Price when loss incurred = Cost Price – Loss = Rs. 6570
We know that,
Profit earned and loss incurred are numerically equal.
Adding both the selling prices, we get,
Cost Price + Cost Price = 7090 + 6570
Cost Price = 13660/2
Cost Price of mobile phone = Rs. 6830
To gain 10%, selling price = 6830 + (10% of 6830) = 1.1 × 6830 = Rs. 7513
Most Upvoted Answer
The profit earned after selling a mobile phone for Rs. 7090 is the sam...
Let CP = X
ATQ;
profit for sp 7090 = loss for sp 6570
7090-X = X - 6570
further
2X = 13660
X. = 6830 this is CP
now to get 10% profit
new SP = (6830×110)÷100
SP = 7513
ATQ;
profit for sp 7090 = loss for sp 6570
7090-X = X - 6570
further
2X = 13660
X. = 6830 this is CP
now to get 10% profit
new SP = (6830×110)÷100
SP = 7513
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Community Answer
The profit earned after selling a mobile phone for Rs. 7090 is the sam...
According to the given information,
Let’s assume the cost price of mobile phone is Rs. x
Selling Price when profit earned = Cost Price + Profit = Rs. 7090
Selling Price when loss incurred = Cost Price – Loss = Rs. 6570
We know that,
Profit earned and loss incurred are numerically equal.
Adding both the selling prices, we get,
Cost Price + Cost Price = 7090 + 6570
Cost Price = 13660/2
Cost Price of mobile phone = Rs. 6830
To gain 10%, selling price = 6830 + (10% of 6830) = 1.1 × 6830 = Rs. 7513
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The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer?
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The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer?.
The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer?.
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The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer?, a detailed solution for The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of The profit earned after selling a mobile phone for Rs. 7090 is the same as loss incurred after selling the same mobile phone for Rs. 6570. What should be the selling price of that mobile phone to get a profit of 10%?a)Rs. 6785b)Rs. 6800c)Rs. 7513d)Rs. 6830Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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