Question

i buy tv set for rs 20,000 and sell it at a profit of 20% how much money do I get for it ​

Answer 1

Answer:

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

Profit percent =20%

Now, Profit = Profit % of C.P

= 100

20

×10000=Rs.2000

Selling price =C.P + Profit

=10000+2000=12000

Hence he gets Rs. 12,000 on selling his t.v.

Step-by-step explanation:

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Answer 2

➤ Given :-

Cost price :- ₹ 20000

Profit percentage :- 20%

➤ To Find :-

Selling price of the given problem.….

➤ Formula required :-

$\large \dashrightarrow \orange{ \boxed{ \sf \gray{CP - \bigg(Profit \: percentge \times Cost \: Price \bigg)}}}$

➤ Solution :-

Profit percentage :-

$\tt \longrightarrow20000 - \bigg(20 \bf\% \tt \times 20000 \bigg)$

$\tt \longrightarrow20000 - \bigg( \cancel\dfrac{20}{100} \times 20000 \bigg)$

$\tt \longrightarrow20000 - \bigg( \dfrac{1}{5} \times 20000 \bigg)$

$\tt \longrightarrow \dfrac{20000}{1} - \cancel\dfrac{20000}{5} = 20000 - 4000$

$\tt\longrightarrow 16000$

$\Huge\therefore$The selling price of the television is ₹ 16000.

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$\dashrightarrow$Some related formulas :-

Profit :- $\boxed{\tt SP-CP}$

Loss :- $\boxed{\tt CP-SP}$

Profit percentage :- $\boxed{\tt Profit \div CP \times 100}$

Loss percentage :- $\boxed{\tt Loss \div CP \times 100}$