Ramu bought an old car for Rs. 40000. He spent Rs. 13000 on repairs and sold it for Rs. 64900. What is his profit percent?	Choose the correct option.
A) 20	B) 22.5	C) 18	D) 99	E) 88
Total CP = Rs. 40000 + Rs. 13000 = Rs. 53000 and SP = Rs. 64900   Profit(%) = (64900 - 53000)/53000 * 100 = 22.5%   Answer: 22.5
<result>B</result>
Ramu bought an old car for Rs. 40000. He spent Rs. 13000 on repairs and sold it for Rs. 64900. What is his profit percent?