Ramu bought an old car for Rs. 45000. He spent Rs. 12000 on repairs and sold it for Rs. 80000. What is his profit percent? Choose the correct answer:
A) 16%  B) 17%  C) 40%  D) 58%  E) 13%
Total CP = Rs. 45000 + Rs. 12000   = Rs. 57000 and SP = Rs. 80000   Profit(%)   = (80000 - 57000)/57000 * 100   = 40%   Answer: 40%
<result>C</result>
Ramu bought an old car for Rs. 45000. He spent Rs. 12000 on repairs and sold it for Rs. 80000. What is his profit percent?