A shopkeeper offers 19% discount on mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?

A shopkeeper offers 19% discount on mobile phone with a marked price o

1.	A shopkeeper offers 19% discount on mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?
A.	Rs. 6900
B.	Rs. 8340
C.	Rs. 5494
D.	Rs. 4950
Answer» D. Rs. 4950

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A shopkeeper offers 19% discount on mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?

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