Question

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

Answer 1

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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