Sofia sold an iPhone at the cost of Rs.46,068 at a loss of 12%. At what cost will she have to sell it to get a profit of 18%?

Rs.61,773 Rs.61,776 Rs.58,350 Rs.52,350

Rs.61,773

Selling price = Rs.46,068 Loss% = 12% Profit to be earned = 18% According to the question = New selling price = 46068 × \(\frac{118%}{88%}\) = Rs.61,773