Question

A TV was bought for $ 18,900 and sold for $ 20,000. Find the loss or gain percent.

Answer 1

Answer:

cost price = $18,900

selling price =$20,000

profit = selling price - cost price

= $20,000 - $18,900

=$1,100

profit percentage = profit/cost price × 100%

= 1,100/18,900 ×100%

= 5.82%

Step-by-step explanation:

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