Ramu bought an old car for Rs. 48000. He spent Rs. 14000 on repairs and sold it for Rs. 72900. What is his profit percent?  Choose one:	A) 16%	B) 17.5%	C) 18.2%	D) 58.5%	E) 13%
Total CP = Rs. 48000 + Rs. 14000   = Rs. 62000 and SP = Rs. 72900   Profit(%)   = (72900 - 62000)/62000 * 100   = 17.5%   Answer: 17.5%
<result>B</result>
Ramu bought an old car for Rs. 48000. He spent Rs. 14000 on repairs and sold it for Rs. 72900. What is his profit percent?