Question

a dealer bought a tv set for 20,000. According to the revised price fixed by manufacturing company he sold his old stock for 21,000. find his profit percent​

Answer 1

Answer:

cost at which tv is bought =₹20000

revised cost at which it is sold=₹21000

profit =₹21000 -₹20000 =1000

1000÷100=10%

hence the profit percentage is 10%

hope it helps

regards

Answer 2

Answer:

Your friend gives you Rs. 100 for a pen that you got for Rs. 90. You sell it to him and then buy a cricket bat from him for Rs. 3000. Later you find out that the bat was worth Rs. 2995. Did you lose money or did you make a profit? When you do a business transaction like selling things if you earn some amount in the transaction that amount is called the profit and if you lose some amount then it is called loss. Let’s compare some quantities with profit and loss