A dealer bought a laptop for Rs. 12000 and sold it for Rs. 15000. What is the profit or loss percentage?

25% Loss

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30% Loss

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30% Profit

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25% Profit

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Solution

The correct option is D 25% Profit
Profit = Selling Price – Cost Price
= 15000 – 12000 = Rs. 3000

Profit Percentage :
$= \frac{P r o f i t}{C P} \times 100$
$= \frac{3000}{12000} \times 100 = 25 %$

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