Question

Sunil buy a T. V for Rs 10,000and sell it at a profit of 20%.Find the S. P *​

Answer 1

Solution:-

Given:-

• CP = 10,000
• Selling at a profit of 20%

To find:-

• The selling price of the T.V

Answer:-

Profit percentage = 20%

$\frac{profit}{c.p} \times 100\% = 20\%$

$\frac{profit}{10000} = \frac{20\%}{100\%}$

${profit} = \frac{20}{100} \times 10000$

$profit = \frac{20}{ \cancel{100} } \times \cancel{10000}$

$profit = 20 \times 100$

$profit = 2000$

Now,

Profit = SP - CP

SP = Profit + CP

SP = 2,000 + 10,000

SP = 12,000

So, sunil selling the T.V at ₹12,000.