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Profit % Loss %

I buy a T.V. ...

Question

I buy a T.V. for Rs 10,000 and sell it at a profit of 20%. How much money do I get for it?

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Solution

Cost price = Rs 10000

Profit = 20% of 10000

= Rs 2000

Selling price = Cost price + Profit

= 10000 + 2000 = Rs 12,000

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