Minu buys a TV at ₹12,000 and sells it at a profit of 20%. What is the selling price?
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Answer:
SP = 14400 Rs
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- Cost Price of TV :- Rs 12000
- Profit percent :- 20%
- Selling price of the TV
_____________________________
==> 20% of 12000
==>
==> 20 * 120
==> 2400 Rs
∴ 12% of 12000 Rs is 2400 Rs.
==> Selling price = Cost Price + Profit
==> 12000 + 2400
==> 14400 Rs
∴ 14400 Rs is the selling price.
Hope it helps...
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