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Cost price, selling price, profit % , loss%
Last updated at Nov. 6, 2018 by Teachoo
Ex 8.3, 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% ππππππ‘/(πΆ.π) Γ 100% = 20% ππππππ‘/10000 = (20%)/(100%) Profit = 20/100 Γ 10000 Profit = 2/10 Γ 10000 Profit = 2 Γ 1000 Profit =Rs 2000 Now, Profit = SP β 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