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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?

Q.5.    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?
 

Answers (1)
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M manish

Here we have,
CP = Rs 10,000
Profit = 20\%
SP =?
 

We know that,
SP =CP(1+\frac{profit}{100})...........(i)

By substituting the values in eq (i), we get

SP =10,000(1+\frac{20}{100})
          =10,000\times (\frac{6}{5})
           = Rs 12,000

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