The price of a mobile phone is increased by 15%, and the new price is Rs. 11,500. What was the original price?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. Rs. 10,000.
Let the original price of the mobile be 100x
The price of a mobile phone is increased by 15%
New price = 115x
⇒ 115x = 11500
⇒ x = 100
Original price = 100x = Rs. 10000