Abhishek marks the price of his laptop 60% above the cost price. If he gives a discount of 30% on the marked price, then what is the profit percentage?

Let the Cost Price (CP) of the laptop be Rs 100.
Marked Price (MP) is 60% above CP:

MP=100+60=160
Discount given is 30% on MP:

Discount=30% of 160=
100
30
​
×160=48
Selling Price (SP):

SP=MP−Discount=160−48=112
Profit amount:

Profit=SP−CP=112−100=12
Profit percentage:

Profit %=
100
12
​
×100=12%