A TV was purchased for Rs. 54000. Its price was marked up by 40%.It was sold at a discount of 20% on the marked price. What was the profit percent of the cost price?
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As if the cost price of the TV i.e 54000 will be increased by 40% it will become 75600 and a discount of 20% was give so it's selling price will be 60480 and if subtract Cost price from selling price we will get a difference of 6480 that is the profit which is 12% of the cost price
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