Two mobile phones were purchased at the same price. One was sold at a profit of 30% and the second was sold at a price which was INR 2500/- less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 5%, what was the cost price of one mobile phone

  • INR 5500/-
  • INR 4500/-
  • INR 6000/-
  • INR 5000/-
  • INR 8000/-
  • Explanation:

    Let the cost price of each mobile = INR x

    According to question,

    x×130/100+(130/100x-2500)= 2x×105/100

    26x/10-2500= 21/10x

    5x=25000; x=INR5000/-

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Two mobile phones were purchased at the same price. One was sold at a profit of 30% and the second w
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