- By selling a T.V. for 8,000, a shopkeeper loses 20% of his cost. If he sells it for
11,000, what profit or loss would be there for him?
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Answers
Answered by
1
Answer:
if the shopkeeper sells it for 11000 the he will get profit of 10%
Step-by-step explanation:
if she sells it for 8000 so, he loses 20%
that means the real price of tv is 10000
hence if he sells it for 11000 he will get 1000 more than cost price
hence he will get 10% more than cost price
hope it helps u
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Answered by
3
In the case of Rs 8,000
Let the cost price of a TV =100
20% loss on cost price=20%× 100=20/100×100=20
Selling price=100-20= Rs80
When sp=80 , cp=100
when sp=1 , cp=100/80
when sp=8000, cp=100/80×8000= Rs 10,000
Therefore Cost price of a Tv=10,000
In the case of Rs 11,000
Cp=10,000
Profit = 11,000-10,000= Rs 1,000
Hence the profit =1,000 (Ans)
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