Correct Answer - Option 1 : 25%
Given
Cost Price = Rs 1200
Selling Price = Rs 1500
Concept
If selling price is greater than cost price, then it's a profit
Profit = Selling price - Cost price
Profit% = (profit/Cost price) × 100
Calculation
Profit = Rs.(1500 - 1200)
⇒ Rs.300
Profit% = (300/1200) × 100
⇒ 25%
∴ The profit percentage is 25%.
