A shopkeeper bought a cycle for ₹1,200 and sold it for ₹1,500. Find his profit/loss percentage.

3% profit 15% profit 30% loss 25% profit

25% profit

CP = ₹1,200 SP = ₹1,500 Profit = 1500 - 1200 = 300 Profit% =  \(\frac{300 × 100}{1200}\) = 25%