Given:
Cost price (CP) of the mobile phone = Rs. 12,000
Discount offered = 25%
Profit made = 10%
Formula Used:
Profit = SP - CP
SP = CP + Profit
MP =
Solution:
Find the selling price (SP):
Profit = 10% of CP = 10% × 12000 = 1200
Selling Price (SP) = Cost Price (CP) + Profit
SP = 12000 + 1200 = 13200
Find the marked price (MP):
The shopkeeper offers a 25% discount on the marked price.
Thus, the marked price of the mobile phone is Rs. 17,600.
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