by selling a TV 48 thousands of people loses 20% of his cost if he sells it for rs 11000 what profit or loss would be there for him.
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by selling a TV 48 thousands of people loses 20% of his cost if he sells it for rs 11000 what profit or loss would be there for him.
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Answer:
Let the CP be x
Therefore, x 20/100 * x = 8000
=> 4/5x=8000
=> x = 10000
Since SP> CP
So we have profit
Profit = 11000-10000
= 1000
Profit percent=1000/10000*100
=10%
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