Question

A car bought for rs 120000 and sold at rs 135000.
What is the profit or loss percent?
(a) 1.25% (b) 12.5% (c) 12%
(c) 12% (d) 13%​

Answer 1

Step-by-step explanation:

12%.....

..................

Answer 2

Profit or Loss % = (135000 - 120000/120000) x 100

                           =  (15000/120000) x 100

                           = 0.125 x 100

                           = 12.5%      

The answer is Option (B)