By selling a used phone for Rs. 6160, Rajan got 44% less than what it cost him to buy it a few years ago. At what price should Rajan have been able to sell it to make a profit of 5%?

By selling a used phone for Rs. 6160, Rajan got 44% less than what it

1.	By selling a used phone for Rs. 6160, Rajan got 44% less than what it cost him to buy it a few years ago. At what price should Rajan have been able to sell it to make a profit of 5%?
A.	Rs. 12,550
B.	Rs. 11,550
C.	Rs. 12,000
D.	Rs. 10,500
Answer» C. Rs. 12,000

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By selling a used phone for Rs. 6160, Rajan got 44% less than what it cost him to buy it a few years ago. At what price should Rajan have been able to sell it to make a profit of 5%?

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