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

Solution:

According to the question, it is given that

The cost price of the T.V. is ₹ 10000

Percentage of profit is given as 20%

Profit = (20 / 100) × 10000

= ₹ 2000

As we know that,

The selling price of the T.V. = cost price + profit

= 10000 + 2000

= ₹ 12000

Hence, I will get it for ₹ 12000.

☛ Check: NCERT Solutions for Class 7 Maths Chapter 8

Video Solution:

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

Class 7 Maths NCERT Solutions Chapter 8 Exercise 8.3 Question 5

Summary:

I buy a T.V. for ₹ 10,000 and sell it at a profit of 20%. The money I will get for it is ₹ 12000.

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