Question

I buy a televison for Rs. 10,000 and sell it at a profit of 20%. How much money do I get for it? ​

Answer 1

Cost of television = ₹ 10,000

Profit = 20%

Profit = 20% of 10,000

= 20/100 × 10,000

= ₹ 2000

Selling Price = Cost Price + Profit

= 10,000 + 2000

= ₹ 12,000

The Selling Price of the television is ₹12,000

Answer 2

Answer:

The cost price of T.V =Rs,10,000

Profit percent =20%

Now,

Profit = Profit % of C.P

$=\frac{20}{100} ×10000$

=Rs.2000

Selling price =C.P + Profit

=10000+2000

=12000

Hence he gets Rs. 12,000 on selling his T.V