4. Aman buys a TV set for 12,500 and sells it for 15,000. Find his profit and profit%.
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Explanation:
Given, C.P. = ₹12,500
S.P. = ₹15,000
Therfore, profit = S.P. - C.P.
= ₹15000 - ₹12,500
= ₹2,500
Now, profit% = Profit/C.P × 100%
= ₹2,500/₹12,500 × 100%
= 1/5 × 100%
= 100/5
= 20%
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