Question

I buy a T.V. for ₹ 10,000 and sell it at a profit of 20%. How much money do I get for it?

Answer 1

Hi...!!

C.P of T.V. = ₹ 10,000

Profit = 20 % = 20% on C.P = 20/100*10000 = ₹ 2000

Thus , S.P = C.P + Gain = 10000 + 2000 = ₹ 12000

Answer : Hence, I get ₹ 12000 on selling the T.V. at 20% gain. :)))