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?

Answer 1

Cost price = Rs $10000$
Profit = $20\%$ of $10000$

= $\frac{20}{100}\times 10000$

= Rs $2000$
Selling price = Cost price + Profit
= $10000 + 2000$
= Rs $12,000$