A person sells a sofa at a certain price. If he sells this sofa at 60% of this price, he will incur a loss of 20%. What will be the profit percentage on selling the sofa at its original selling price?
1
12%
2
15\(\frac{1}{2}\)%
3
33\(\frac{1}{3}\)%
4
12\(\frac{1}{2}\)%