Question

by selling a TV for rupees 8000 A shopkeeper losses 20% of his cost if he sell it for rupees 11,000 what profit or loss would be there for him ​

Answer 1

Answer:

He would have profit of rupees 1,400

Step-by-step explanation:

Step 1 = In case 1

the shopkeeper sold the T.V. for rupees 8000 by making 20% loss of his cost price

So, to find the C.P. we have to form a equation

That is 20% of rupees 8,000 + S.P. = C.P.

20/100 X 8000 + S.P. = C.P.

rupees 1,600 + 8,000 = C.P.

C.P.= rupees 9,600

Step 2 = now in second case he sold T.V. for rupees 11,000

          PROFIT = S.P. - C.P.

                        = rupees(11,000 - 9,600)

         PROFIT   = rupees 1,400