A person buys a television for ₹ 40,000. He sold the television for ₹ 51,000. How much profit does he earns?

₹ 10,000

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₹ 20,000

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₹ 30,000

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₹ 11,000

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Solution

The correct option is D ₹ 11,000
Amount spent on buying the television= ₹ 40,000
Amount received by selling the television= ₹ 51,000
Since the selling price is greater than the original price, He got a profit.
Profit = ₹ 51,000 - ₹ 40,000
= ₹11,000

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