English

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

Advertisements
Advertisements

Question

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

Sum
Advertisements

Solution

Cost price = ₹ 10000

Profit = 20% of 10000

= `20/100 xx 10000`

= ₹ 2000

Selling price = Cost price + Profit

= 10000 + 2000

= ₹ 12,000

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Comparing Quantities - EXERCISE 7.2 [Page 122]

APPEARS IN

NCERT Mathematics [English] Class 7
Chapter 7 Comparing Quantities
EXERCISE 7.2 | Q 5. | Page 122

Video TutorialsVIEW ALL [1]

RELATED QUESTIONS

Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and loss percent.


A retailer buys an article at a discount of 20% on the listed price from a wholesaler. The shopkeeper marks up the price by 10% on the listed price. A buyer pays Rs 231 to get it after paying a sales tax at the rate of 5% on the price asked for. Find the profit percentage.


The cost price and selling price are given in the following table. Find out whether there was a profit or a loss and how much it was.

Cost Price
(in Rs.)
Selling Price
(in Rs)
Profit or Loss How much?
4500 5000    

Ajit Kaur bought a 50 kg sack of sugar for Rs 1750, but as sugar prices fell she had to sell it at Rs 32 per kg. How much loss did she incur?


Find the unknowns x, y and z.

Name of the item Marked Price Selling Price Discount
Book ₹ 225 x 8%

There is no profit or loss when


The women of Meenkar Bank also want to start a factory to dry fish. The Panchayat has given them some land for that. Over the years they have saved Rs 74,000. They find out how much they will need for the factory.
Fazila writes the things they need to buy to begin. See the table for the cost of each item and the number of items they want to buy. Find the total cost.

Item Price of each Number of items Cost
Borewell for freshwater Rs 3000 1  
Bamboo rack for fish drying Rs 2000 20  
Cement tank Rs 1000 4  
Tray and knife Rs 300 20  
Bucket Rs 75 20  

Total cost to set up the factory = ______

When fresh fish is dried it becomes `1/3` its weight.

In one month they plan to dry 6000 kg of fresh fish.

How much-dried fish will they get in a month?


A TV set was bought for Rs 26,250 including 5% VAT. The original price of the TV set is ______.


Music CD originally priced at Rs 120 is on sale for 25% off. What is the S.P.?

Sonia and Rahul have different ways of calculating the sale price for the items they bought.

As you work on the next problem, try both of these methods to see which you prefer.


A cricket bat was purchased for ₹ 800 and was sold for ₹ 1600. Then profit earned is ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×