Question

A T.V is purchased for Rs 17500 and sold at a profit of 20%. Its selling price is
Rs 20500
Rs 21500
Rs 20000
Rs 21000
​

Answer 1

Step-by-step explanation:

Cost Price - ₹17500

Profit - 20%

So Selling Price = Cost Price + Profit% × Cost Price

17500 + 20% ×17500

17500 + 20/100 ×17500

17500 + 1/5×17500

17500 + 3500

₹21000

Selling price - ₹21000

Answer 2

Answer:

Rs 21000

Step-by-step explanation:

Given:

Cost price = Rs 17500

Profit = 20%

Selling price = ?

Let the selling price be 'x

Profit = Selling price - Cost price * 100

Cost price

=> 20 = x - 17500 *100

17500

=> x - 17500 = 20 * 17500

100

=> x = 3500 + 17500

=> x = 21000

Therefore selling price of the T.V is Rs 21000

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