by selling a t.v for rs 8000 a shopkeeper loses 20percent of its cost . if he sells for rs 11000, what will be profit or loss for him?
Answers
Answered by
1
20% OF 8000 = 8000×20 /100= 1600 rs
original cost of TV = 8000 + 1600 = 9600
SP - CP = 11000- 9600 = 1400 rs profit
profit% = profit/ CP ×100
1400/9600 × 100
profit % = 14.5%
hope it helps.
original cost of TV = 8000 + 1600 = 9600
SP - CP = 11000- 9600 = 1400 rs profit
profit% = profit/ CP ×100
1400/9600 × 100
profit % = 14.5%
hope it helps.
Similar questions