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Q.

Tom sold a phone for Rs.4500 at a loss of 20%. What is the Cost Price of the phone?

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a

Rs.5,625

b

Rs.5,585

c

Rs.5,700

d

Rs.5,600

answer is A.

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Detailed Solution

Selling Price = Rs.4500

Loss % = 20%

Let the CP be 100, 20% of 100 = 20

So , S.P. = 100 – 20 = Rs. 80

If the CP is Rs. 100, then the SP is Rs. 80

If the CP is Rs. x, the SP is Rs. 4500.

Hence by unitary method,

Hence x =4500 × 10080

         = Rs.5625


 

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Tom sold a phone for Rs.4500 at a loss of 20%. What is the Cost Price of the phone?