Q. A trader sold an item for ₹1,200 and gained ₹150. What is the profit percentage?
✅ Correct Answer: (C)
14%
Explanation: CP = 1200 - 150 = 1050; Profit% = (150 / 1050) × 100 ≈ 14%.
Explanation by: Yami Thakur
CP = 1200 - 150 = 1050; Profit% = (150 / 1050) × 100 ≈ 14%.