by selling a TV for 8000 a shopkeeper loses 20% of his cost. if he sells it for 11000 what profit or loss would be there for him
Answers
Answered by
3
Answer:
S.P of the T.V = 8,000
Loss % 20%
C.P = ?
C.P = S.P x (100/100 - Loss %)
= 8,000 × (100/100 -20)
= 8,000 x 100/80
= 10,000
C.P = Rs. 10,000
S.P = 11,000
S.P > C.P
Profit S.P - C.P
= 11,000 - 10,000
= ₹1,000
There would be a profit of ₹1,000.
Answered by
0
Let the CP be x
Therefore, x-20/100x= 8000
=> 4/5x =8000
=> x = 10000
Since SP> CP
So we have profit
Profit = 11000-10000
= 1000
Profit percent =1000/10000*100
=10%
Similar questions