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? Choose the correct choice from the following options:	A) 80%	B) 49%	C) 40%	D) 70%	E) 90%
The total CP = Rs. 16000 + Rs. 6250   = Rs. 22250 and SP = Rs. 31150   Profit(%) = (31150 - 22250)/22250 * 100= 
<gadget id="calculator">(31150 - 22250)/22250 * 100</gadget>
<output>40</output>
40%   Answer:40%
<result>C</result>
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?