A mobile phone was sold at a profit of 20% on the cost price. If the mobile phone was sold at 10% lower than this price, then the profit would have been Rs. 600 less. At what price should the mobile phone be sold if one wants to gain 25% of the cost price?

A mobile phone was sold at a profit of 20% on the cost price. If the m

1.	A mobile phone was sold at a profit of 20% on the cost price. If the mobile phone was sold at 10% lower than this price, then the profit would have been Rs. 600 less. At what price should the mobile phone be sold if one wants to gain 25% of the cost price?
A.	Rs. 7500
B.	Rs. 5000
C.	Rs. 6250
D.	Rs. 7250
E.	None of these
Answer» D. Rs. 7250

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A mobile phone was sold at a profit of 20% on the cost price. If the mobile phone was sold at 10% lower than this price, then the profit would have been Rs. 600 less. At what price should the mobile phone be sold if one wants to gain 25% of the cost price?

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