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Question
Amir bought a piano for Rs.60,000 and sold it for Rs.72000. Find the amount of profit he got from the deal.
Amir bought a piano for Rs.60,000 and sold it for Rs.72000. Find the amount of profit he got from the deal.
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Solution
The correct option is C Rs. 12000
CP of Piano = Rs. 60,000
SP of Piano = Rs. 72,000
Profit = SP - CP
= 72,000 - 60,000
= Rs. 12,000
CP of Piano = Rs. 60,000
SP of Piano = Rs. 72,000
Profit = SP - CP
= 72,000 - 60,000
= Rs. 12,000
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