A shopkeeper bought a TV for rupees 8500 and sold it for rupees 11000 find the profit or loss calculate the profit or loss percentage
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S O L U T I O N : -
Cost price of TV = ₹ 8500
Selling price of TV=₹11000
–>As the shopkeeper sold the TV for more cost than the cost price , he got profit
Profit = ₹11000 - ₹8500 {SP-CP}
Profit = ₹2500
Profit% = Profit/CP×100
Profit% = 2500/8500×100
Profit% = 29.411%
Profit% = 30% {Approximately}
Therefore, shopkeeper got 30%
Percentage profit on selling a TV
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