Atul sells goods to a customer at a profit of P%. If the cost price of the goods is Rs. 1,50,000 and Atul makes a profit of Rs. 30,000, then what is the value of P?

Correct option is C

Cost price (CP) = Rs. 1,50,000
Profit made by Atul = Rs. 30,000

The profit percentage (P%)
P% = $$\frac{Profit}{Cost Price} × 100$$​​
P% = $$\frac{30000}{1,50,000} × 100 =20{\%}$$​​