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    Question

    A mobile phone was sold for Rs. 14,400 at a profit of 12%.

    If it had been sold for Rs. 13,800 instead, what would have been the profit or loss percentage?
    A 14.86% profit Correct Answer Incorrect Answer
    B 18.34% loss Correct Answer Incorrect Answer
    C 11.34% loss Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    ATQ,
    SP = Rs. 14,400 and profit percentage = 12%

    So, CP = 100/112 × 14,400 = Rs. 12,857.14

    Now, new SP = Rs. 13,800
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