A person purchased a TV set for Rs. 16000 and a DVD player for Rs.
A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?
A. 30% B. 35%
Answer/Solution
40%
Steps/Work
The total CP = Rs. 16000 + Rs. 6250
= Rs. 22250 and SP
= Rs. 31150
Profit(%) = (31150 - 22250)/22250 * 100
= 40%
Answer: C
= Rs. 22250 and SP
= Rs. 31150
Profit(%) = (31150 - 22250)/22250 * 100
= 40%
Answer: C