A shopkeeper buys a laptop for Rs. 30,000 and sells it for ₹35,000. Calculate the profit percentage (rounded off to 2 decimal places).

Correct option is C

Given:

Cost Price (CP) = ₹30,000

Selling Price (SP) = ₹35,000

Find: Profit %

Formula Used:

Profit% = $$\left( \frac{\text{Profit}}{CP} \right) \times 100$$​​

Solution:

Profit = 35,000 − 30,000 = ₹5,000

​Profit% = $$\left( \frac{5000}{30000} \right) \times 100$$​​

= 16.6667%

= 16.67% (approx)