Question

A T.V. set of $Rs12000$is sold at a profit of $10\%.$ Find its selling price.

Answer 1

Find its selling price:

As it is given that a T.V. set of $Rs12000$is sold at a profit of $10\%.$

We have $C.P.=Rs12000andprofit=10\%$

Now,

$$\begin{gathered} S.P.=\frac{(100+profit\%)\times C.P.}{100} \\ =\frac{(100+10)\times 12000}{100} \\ =110\times 120 \\ =13200Rs \end{gathered}$$

Thus, the selling price of T.V.is $Rs13200.$