Q. By selling a used phone for Rs.6,160 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. 11,550
B) Rs. 12,550
C) Rs. 10,550
D) Rs. 12,000
✔ Correct Answer: Rs. 11,550
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