00,000, (6) Marked value of mobile phones and mobiles, core value of stock 20%. Sannesh buys a mobile phone for Rs 80,000 and marks the mobile at 20% more than the cost price. 3) Find out the price of the mobile phone. (If he buys a phone at 10% discount, find the marked price of the mobile phone. Marked [1U] Marked price.) Find the ratio between price and selling price. If he sold the mobile phone after 10% discount, find the ratio between marked price and selling price. [24]
To find the price of the mobile phone, we need to calculate the amount Sannesh marks the phone above the cost price.
The cost price of the mobile phone is Rs 80,000.
Sannesh marks the phone at 20% more than the cost price.
20% of Rs 80,000 is (20/100) * 80,000 = Rs 16,000.
So, the marked price of the mobile phone is Rs 80,000 + Rs 16,000 = Rs 96,000.
If Sannesh buys the phone at a 10% discount, the selling price would be 90% of the marked price.
10% of Rs 96,000 is (10/100) * 96,000 = Rs 9,600.
So, the selling price would be Rs 96,000 - Rs 9,600 = Rs 86,400.
The ratio between price and selling price is given by:
Price / Selling price = Rs 96,000 / Rs 86,400 = 1.1111
If Sannesh sells the mobile phone after a 10% discount, the ratio between the marked price and the selling price is given by:
Marked price / Selling price = Rs 96,000 / Rs 86,400 = 1.1111