Q. I buy a TV for ₹ 10,000 and sell it at a profit of 20%. How much money do I get for it ?
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Q. I buy a TV for ₹ 10,000 and sell it at a profit of 20%. How much money do I get for it ?
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Answer:
Rs.12000.
Step-by-step explanation:
CP = 10000
Profit = P%/100 * CP
Profit = 20/100*10000
= Rs.2000
SP =CP + profit
SP = 10000+2000
= Rs.12000.
Answer:
The cost price of T.V = Rs,10,000
Profit percent = 20%
Now, Profit = Profit % of C.P
=> 20 / 100 × 10000 = Rs.2000
Selling price = C.P + Profit
=> 10000+2000 = 12000
Hence he gets Rs. 12000 on selling his T.V
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