Sam bought a container of cashew for Rs.2200000 weighing 14 tons. Packed it in a package of 1 kg and sold the package for Rs. 200. What is the % of profit Sam has made? Options.
A) 20.3%
B) 24.2%
C) 29.5%
D) 27.2%
E) 30.1%
Cost of buying= Rs. 2200000   Cost of selling= Rs(14000x200)=Rs.2800000   Profit made by Sam=Rs.600000   Percentage of profit made by Sam=(600000/2200000)x100=27.2%   Answer:27.2%
<result>D</result>
Sam bought a container of cashew for Rs.2200000 weighing 14 tons. Packed it in a package of 1 kg and sold the package for Rs. 200. What is the % of profit Sam has made?