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A shopkeeper offers a Rs. 19% discount on a mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?
  • a)
    Rs. 6900
  • b)
    Rs. 8340
  • c)
    Rs. 5494
  • d)
    Rs. 4950
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A shopkeeper offers a Rs. 19% discount on a mobile phone with a marke...
Selling Price = Marked Price × (100-Discount) %
Therefore,
SP = 7400 × (100-19) %
SP=7400×81/100
SP = 5994
So,
Cost Price = Selling Price - Profit
CP = 5994-600
CP = 5494
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Most Upvoted Answer
A shopkeeper offers a Rs. 19% discount on a mobile phone with a marke...
Calculation:

Given:
- Marked price of the mobile phone = Rs. 7400
- Discount offered = 19%
- Profit earned = Rs. 500

Step 1: Calculate the Selling Price after discount
- Discount = 19% of Rs. 7400 = 0.19 x 7400 = Rs. 1406
- Selling Price after discount = Marked Price - Discount = Rs. 7400 - Rs. 1406 = Rs. 5994

Step 2: Calculate the Cost Price
- Profit = Selling Price - Cost Price
- Cost Price = Selling Price - Profit = Rs. 5994 - Rs. 500 = Rs. 5494
Therefore, the cost price of the mobile phone is Rs. 5494.
So, option C (Rs. 5494) is the correct answer.
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A shopkeeper offers a Rs. 19% discount on a mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?a)Rs. 6900b)Rs. 8340c)Rs. 5494d)Rs. 4950Correct answer is option 'C'. Can you explain this answer?
Question Description
A shopkeeper offers a Rs. 19% discount on a mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?a)Rs. 6900b)Rs. 8340c)Rs. 5494d)Rs. 4950Correct 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 A shopkeeper offers a Rs. 19% discount on a mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?a)Rs. 6900b)Rs. 8340c)Rs. 5494d)Rs. 4950Correct 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 A shopkeeper offers a Rs. 19% discount on a mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?a)Rs. 6900b)Rs. 8340c)Rs. 5494d)Rs. 4950Correct answer is option 'C'. Can you explain this answer?.
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