Raju buys a mobile phone for Rs. 14,500 and sells it at a loss of 25%. What is the selling price of the mobile phone?

Correct option is C

Given:
Cost Price (CP) = ₹14,500
Loss = 25%
Formula Used:
Selling Price (SP) = CP × (1 - $$\frac{\text{Loss}}{100}$$ )​
Solution:
SP = ₹14,500 × (1 - $$\frac{25}{100}$$​)
=> SP = ₹14,500 × (1 - 0.25)
=> SP = ₹14,500 × 0.75
=> SP = ₹10,875