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By selling a T.V. for Rs8000,a shopkeeper loses 20% of his cost .If he sells it for Rs11000 ,what profit or loss would be there for him? |
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Answer» Answer: 10% profit Step-by-step explanation: 100% - 20%= 80% 80%=RS8000 1%=Rs8000/80 100%=Rs8000*100/80=Rs10000 Rs10000 is the actual cost of the T. V. Rs11000-Rs10000=Rs1000 Rs1000 is the profit. Rs1000/Rs10000=10% So, 10% is the profit for him. |
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