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A merchant bought an LCD TV for 1200 soles and sold it with a profit of 20%. We need to calculate the selling price of the TV.

ArithmeticPercentageProfitCost PriceSelling Price
2025/4/27

1. Problem Description

A merchant bought an LCD TV for 1200 soles and sold it with a profit of 20%. We need to calculate the selling price of the TV.

2. Solution Steps

The cost price of the TV is 1200 soles.
The profit percentage is 20%.
Profit = Profit Percentage * Cost Price
Profit = 20% * 1200
Profit = (20/100) * 1200
Profit = 0.20 * 1200
Profit = 240 soles
Selling Price = Cost Price + Profit
Selling Price = 1200 + 240
Selling Price = 1440 soles

3. Final Answer

The selling price of the TV is 1440 soles.

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