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Mr. Gupta purchased an air conditioner for Rs. 12000 and sold it for Rs. 15000. What was the profit percentage?

Solution

✅ Correct Option: 3

Profit =15000−12000=3000= 15000 - 12000 = 3000.

Profit %=300012000×100=25%\% = \dfrac{3000}{12000} \times 100 = 25\%.

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