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Discussion :: Profit and Loss

  1. 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?
    2. A.
    30%
    B.
    35%
    C.
    40%
    D.
    45%
    E.
    None of these

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    Workspace

    View Answer

    Answer : Option C

    Explanation :

    The total CP = Rs. 16000 + Rs. 6250 = Rs. 22250 and SP = Rs. 31150 

    Profit(%) = (31150 - 22250)/22250 * 100 = 40%

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