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

it?

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Rs. 10000

Rs. 12000

Rs. 13000

Rs. 14000

answer is B.

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Detailed Solution

Given, he bought a T.V at the price of 10000. And he sold it for 20% profit.
This means he sold it for 120% of its price.

The percentage of quantity = \frac{Quantity available}{Total quantity} \times 100

So he sold it for

\frac{120}{100} \times 10000 = 12000

.
Therefore he will get Rs. 12000.
So, option 2 is correct.

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