Question

I buy a TV for 10000 rupees and sell it at a profit of 20% . How much money do I get for it

Answer 1

Answer:

Rs 2000

Explanation:

Cost price of a T.V (c.p)=Rs10000

profit (g) = 20%

Selling price (s p) = c.p[(100+g)/100]

= 10000[(100+20)/100]

= (10000×120)/100

=Rs 12000

Therefore,

profit (g) = S.P - c.p

= 12000 - 10000

= Rs2000
____________
Or
profit = 20% of c.p
= (20/100)×10000
= 20×100
= Rs2000
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