Ramu bought an old car for Rs. 36000. He spent Rs. 15000 on repairs and sold it for Rs. 62900. What is his profit percent?  Select the correct option
A) 16%  B) 17%  C) 18%  D) 58%  E) 23%
Total CP = Rs. 36000 + Rs. 15000   = Rs. 51000 and SP = Rs. 62900   Profit(%)   = (62900 - 51000)/51000 * 100   = 23%   Answer: 23%
<result>E</result>
Ramu bought an old car for Rs. 36000. He spent Rs. 15000 on repairs and sold it for Rs. 62900. What is his profit percent?