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Aptitude::Profit and Loss

Home > Quantitative Aptitude > Profit and Loss > Subjective Solved Examples

Example 1 / 1

A cellular phone when sold for Rs. 3808 fetches a profit of 12%. Find the cost price of the cellular phone.
SP = Rs. 3808
Profit% = 12%
CP = \(\frac{3808}{(100+12)}\) x 100
= \(\frac{3808}{(112)}\) x 100
= Rs. 3400 Ans.
CP = \(\frac{SP}{(100+Profit)}\)%
To get the CP, we have to divide SP by (100+Profit)%.
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