Krishna bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishna on the original price was:
Krishna bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishna on the original price was:
[A]15%
[B]12%
[C]22%
[D]32%
12%
Let the original price be x Rs.
Gain on original price =
Hence option [B] is the right answer.
