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Question 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?
A. 35%
B. 45%
C. 40%
Feedback The total CP = Rs. 16000 + Rs. 6250 = Rs. 22250 and SP = Rs. 31150
Profit(%) = (31150 - 22250)/22250 * 100 = 40%
Profit(%) = (31150 - 22250)/22250 * 100 = 40%
D. 50%
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