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    Question

    The selling price of a mobile phone is Rs. 735. If the

    mobile phone was sold at 25% profit, then find the discount offered given that the mobile phone was marked Rs. 400 above its cost price.
    A Rs.253 Correct Answer Incorrect Answer
    B Rs.265 Correct Answer Incorrect Answer
    C Rs.380 Correct Answer Incorrect Answer
    D Rs.220 Correct Answer Incorrect Answer

    Solution

    ATQ, Cost price of the mobile phone = 735 Ă· 1.25 = Rs. 588 Marked price of the mobile phone = 588 + 400 = Rs. 988 Required discount offered = 988 - 735 = Rs. 253

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