A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?	Choose the correct option
A) 20% B) 96% C) 40% D) 75% E) 23%
The total CP = Rs. 16000 + Rs. 6250   = Rs. 22250 and SP = Rs. 31150   Profit(%)   = (31150 - 22250)/22250 * 100= 
<gadget id="calculator">(31150 - 22250)/22250 * 100</gadget>
<output>40</output>
40%   Answer: 40%
<result>C</result>
A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?