a shopkeeper bought a TV for rs. 9000 and he sold it for rs. 10,000 find the frofit or loss ? calculate percentage?
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10,000-9000×100÷9000= 11 1/9
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Answer:
Profit % = 11.11%
Step-by-step explanation:
Cost price of the TV: ₹9000
Selling price of the TV: ₹10,000
When the Selling Price is more than the Cost Price, then it is a profit.
Profit = S.P - C.P
Profit = 10,000 - 9000
Profit = ₹1000
The shop keeper had a profit of ₹ 1000
To calculate the profit percentage,
Profit % = (profit/Cost Price) × 100
Profit % = (1000/9000)×100
Profit % = 11.11%
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