A. . I bought a music system for ₹ 8,000 and sold it at a profit of 20%. How much money did I get for it?
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☘️ Given :
- Cost price = 8000
- Profit = 20%
☘️ Solution :
As we know that,
Profit percentage = Profit/Cost price × 100
Let the profit be x.
So,
→ 20 = x/8,000 × 100
→ 20×8000/100 = x
→ 1600 = x
.°. Profit you got = ₹ 1600.
☘️ Answer :
- Money you received = ₹ 1600.
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