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Ex 7.2, 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? C.P = Rs 10,000 S.P = ? Profit percentage = 20% 𝑃𝑟𝑜𝑓𝑖𝑡/(𝐶.𝑃) × 100 = 20 𝑷𝒓𝒐𝒇𝒊𝒕/𝟏𝟎𝟎𝟎𝟎 × 100 = 20 Profit = 20/100 × 10000 Profit = 2/10 × 10000 Profit = 2 × 1000 Profit =Rs 2000 Now, Profit = SP − CP Profit + CP = SP S.P = C.P + Profit = Rs (10,000 + 2,000) = Rs 12,000 So, I get Rs 12,000 from selling it

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.