Coconuts were purchased at 150 per hundred and sold at 2 per coconut. If 2000 coconuts were sold, what was the total profit made?  Choices
A) 500
B) 1000
C) 1500
D) 2000
E) None of these
C.P. for one coconut = 150⁄100 = 3⁄2   S.P. for one coconut = 2   Profit on one coconut = 2 - 3⁄2 = 1⁄2   ∴ Profit on 2000 coconut = 1⁄2 × 2000 = 1000   Answer 1000
<result>B</result>
Coconuts were purchased at 150 per hundred and sold at 2 per coconut. If 2000 coconuts were sold, what was the total profit made?