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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?
Given:
I buy a T.V. for $Rs.\ 10,000$ and sell it at a profit of $20 \%$.
To do: To find that how much money do I get for it.
Solution:
The cost price of T.V. $=Rs.\ 10000$
Profit percent $=20$ %
Now, Profit $=$ Profit% of C.P.
$=\frac{20}{100}\times10000=Rs.\ 2000$
Selling price $=C.P.+Profit$
$= 10000+2000=12000$
Hence, he get $Rs.\ 12,000$ on selling his T.V.
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