By selling a tv for 8000, a shopkeeper loses 20% of his cost. If he sells itfor 11000 what profit or loss would be there for him
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Answer:
A profit of 1400
Step-by-step explanation:
20% of 8000 = 1400
Price of tv without adding profit = 8000 + 1400
= 9400
Profit = 11000 - 9400
= 1400 rupees
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