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The selling price of a smartphone is ₹12000. Its cost price was ₹15000. Find the percentage loss in the price of a phone. |
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Answer» Answer: 11,250 Step-by-step explanation: INTERPRETING terms in the most common way: The discounted PRICE would be Rs12,000 x 90/100 =RS 10,800. Rs 10,800 = a LOSS of 4% i.e.96% of cost price = cost price/100x96 therefore cost price = Rs 10,800x100/96x100 = Rs 11,250. |
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