Question Details

Detailed explanation and options for the selected question.

A shopkeeper buys an article for Rs. 1200 and sells it for Rs. 1500. What is his profit percentage?

A. 20%
B. 25%
C. 30%
D. 15%

Explanation:

Explanation: Profit = SP - CP = 1500 - 1200 = 300. Profit% = (300/1200) × 100 = 25%.