What is the total profit, if a dealer bought 5 television set each for Rst. 10,000 and sold all sets each for Rst. 12,000?
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Answer:
Rs.10,000
Step-by-step explanation:
Total cost price =5x10,000
=50,000
Total selling price=5x12,000
=60,000
Therefore,
Total profit
=Total selling price - Total cost price
=60,000 - 50,000
=10,000
Therefore total profit is Rs. 10,000.
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