I buy a TV for rupees 10.000 and sell it at a profit of 20% how much money do I get for it
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➤ Correct Question :-
I buy a TV for rupees 10,000 and sell it at a profit of 20% how much money do I get for it ?
➤ Given :-
Cost price :- ₹ 10000
Profit percentage :- 20%
➤ To Find :-
Selling price of the given sum..........
➤ Solution :-
In the following sum, first we should find the profit in rupees form by multiplying profit percentage and cost price...........
Profit :-
Here, 'of' denotes multiplication.......
Now,
We can find the selling price by adding the cost price and profit.
So,
Selling price :-
The selling price of the television is ₹ 12000.
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Some related formulas :-
Profit :-
Loss :-
Loss percentage :-
Profit percentage :-
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More to know.............
- Profit and loss is obtained for shopkeepers in their shops. Profit is obtained when the selling price is greater than cost price. Loss is obtained when the cost price is greater than selling price.
- Profit and loss can also be converted to percentage from some of the specific mathamatics formulas.
- To convert profit to percentage, we should divide profit and cost price and then multiply by 100.
- To convert loss to percentage, we should divide loss and cost price and then multiply by 100.
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