The marked price of a laptop is Rs. 12000. In a clearance

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The marked price of a laptop is Rs. 12000. In a clearance sale it is sold at a discount of 15%, incurring a loss of 4%. What is the cost price of the laptop?

1. Rs. 10200
2. Rs. 10625
3. Rs. 11200
4. Rs. 10275

Correct Option: B

Here , Marked price of a laptop = Rs. 12000
C.P. of laptop = Rs. y
According to the question,
( 100 - 4 )% of y = ( 100 - 15 )% of 12000

y ×	96	=	12000 × 85	= 120 × 85
	100		100

⇒ y =	120 × 85 × 100
	96

y = Rs. 10625