A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 1600. He sold both the items together for Rs. 31150. What percentage of profit did he make? Options
A) 70.00% B) 86.98% C) 76.99% D) 45% E) None of these
The total CP = Rs. 16000 + Rs. 1600 = Rs. 17600 and SP = Rs. 31150   Profit(%) = (31150 - 17600)/17600* 100 = 76.99%   ANSWER:76.99%
<result>C</result>
A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 1600. He sold both the items together for Rs. 31150. What percentage of profit did he make?