A person purchased a TV set for Rs. 1600 and a DVD player for Rs.
A person purchased a TV set for Rs. 1600 and a DVD player for Rs. 625. He sold both the items together for Rs. 31150. What percentage of profit did he make?
Answer/Solution
1300%
Steps/Work
The total CP = Rs. 1600 + Rs. 625= Rs. 2225 and SP = Rs. 31150
Profit(%) = (31150 - 2225)/2225* 100 = 1300%
ANSWER:C
Profit(%) = (31150 - 2225)/2225* 100 = 1300%
ANSWER:C