Question

Cost price of a TV set is Rs. 8000. What should be selling price to make a profit of 10%? ​

Answer 1

Answer:

8,800 Rupees

Step-by-step explanation:

According to the information provided in the question it is given as

Cost price = C P = 8000

Profit of 10 % = 10% of 8000

We need to find the final price of selling to make profit of  10 %

Percentage can be calculated by dividing the value by the total value, and then multiplying the result by 100. The formula used to calculate percentage is: (value/total value)×100%.

10 % of 8000

$=\frac{10}{100} \times 8000$

By  changing to lowest term  

(As 100 and 8000 are divisible by 100)

$=80\times 10\\=800$

So 800 rupees is the profit amount after selling to 10 %

Selling price  to make profit  of 10% =

       =8000 + 800

       = 8800 Rupees

Answer 2

Answer:

Hence TV set should be sell at Rs.8800 to make a profit of 10%.

Step-by-step explanation:

As per the data provided in the given question

The given data is as follows.

The cost price of TV set is (C.P) Rs.8000.

We have the profit percent is 10%

We have to find the selling price (S.P) of TV set.

We will apply formula of profit percentage

$\%P.F=\frac{Profit}{C.P}\times100$

$\frac{Profit}{C.P}\times 100=\% profit\\\frac{Profit}{C.P}=\frac{\% profit}{100}\\Profit=\frac{\% profit}{100}\times C.P$

Substitute the given value in above equation we get,

$Profit=\frac{10}{100}\times 8000\\Profit=\frac{1}{10}\times 8000\\Profit=0.1\times 8000\\Profit=Rs.800$

So, the selling price of TV set will be,

profit=cost price - selling price

selling price =Profit +cost price,

Putting the value in above equation we get,

$Selling\:price=800+8000\\=Rs.8800$

Hence TV set should be sell at Rs.8800 to make a profit of 10%.