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?
It is given in the question that,
Cost price of T.V, CP = Rs 10,000
Also,
Profit % = 20%
Now,
We know that,
Profit = × Cost Price
= × 10000
= × 10000
= Rs 2000
Hence, The person gets Rs 2000 for the T.V