If i buy a T.V for 25,000 and sell it at a profit of 20 % , what is the amount of profit i got?
Answers
➤ Given :-
Cost price of television :- ₹25000
Profit percentage :- 20%
➤ To Find :-
Profit percentage in amount format.
How to do :-
Here, we are given that I had bought a television for ₹25000 and sold it for a profit of 20%, the amount in which the television is bought is the cost price of television and the amount at which it is sold is the selling price of the television. To find the value of profit percentage, we should convert the percentage to fractional format and then multiply the profit percentage and the cost price.
➤ Solution :-
Profit of television :-
The profit rupees of the television is ₹5000.
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Some related formulas :-
Profit :-
Loss :-
Profit percentage :-
Loss percentage :-
Cost price :-
Selling price :-
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More to know :-
- Cost price is the amount at which an item is bought.
- Selling price is the amount at which an item is sold.
- Profit is obtained when the selling price is greater than the cost price.
- Loss is obtained when the cost price is greater than the selling price.
Answer:
5000 is the profit
Step-by-step explanation:
5000
Hope it helps you
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