Question

1P
Q 9) A T.V is purchased for Rs
17500 and sold at a profit of
20%. Its selling price is
Rs 20500
Ο Ο Ο
Rs 21500
O Rs 20000
O Rs 21000​

Answer 1

Cost Price = ₹17,500

Profit = 20% of Cost Price

Profit = 20/100 × 17,500 = ₹3,500

Selling Price = Cost Price + Profit

Selling Price = 17,500 + 3,500 = ₹21,000

Therefore, the selling price of TV is ₹21,000.